2331 CANAL Street, New Orleans, LA 70119
$745,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
3,204
Lot Size (sq. ft.):
3,049
Status:
Active
Current Price:
$745,000
List Date:
8/26/2025
Last Modified:
2/03/2026
Description
An extraordinary opportunity awaits on historic Canal Street--calling all savvy investors, visionary entrepreneurs, and those seeking a premier address in the heart of New Orleans. This property offers 3,200 sq. ft. of versatile commercial space, zoned Multi-Use, giving you the flexibility to create a thriving business, luxury venture, or mixed-use development. Positioned across from the VA Hospital, steps away from renowned restaurants, and directly on the Canal Streetcar line, this location is unmatched for visibility and accessibility. Adding to its appeal, the property sits proudly along the iconic Endymion parade route, ensuring continuous exposure during one of the city's most celebrated events. With some strategic upgrades and TLC, this property has the potential to become a high-performing investment in one of New Orleans' most iconic corridors. Also included in the sale is the lot at 116 N. Tonti, which can serve as private parking--an invaluable asset in this prime location--or as a site for future development. This is more than a purchase--it's an opportunity to own a piece of Canal Street's legacy while creating your next lucrative investment.
Supplements: ********
More Information MLS# NO2518638
Listing Info
Delayed Marketing: No
For Sale: Yes
List Price/SqFt: 232.52
Document Modified: 2026-02-02 18:58:56.683776
Status: Active
Listing Date: 2025-08-26
Listing Price: 745000
Current Price: $745,000
Modification Timestamp: 2026-02-03T00:58:56Z
Photo Modified: 2026-02-02T23:35:51Z
Location, Tax & Legal Info
Legal Desc: SQ 303 LOT 17 CANAL 27X114
General Property Description
Lot Dimensions: 27 X 114
Stories: 2
SqFt - Total: 3204
SqFt - Source: Public Record
Acreage Range: 0 - 0.5
Load Dock?: 0
Acres: 0.07
Sale/Lease Info
Lease Purchase: No
Remarks & Misc
Remarks: An extraordinary opportunity awaits on historic Canal Street--calling all savvy investors, visionary entrepreneurs, and those seeking a premier address in the heart of New Orleans. This property offers 3,200 sq. ft. of versatile commercial space, zoned Multi-Use, giving you the flexibility to create a thriving business, luxury venture, or mixed-use development. Positioned across from the VA Hospital, steps away from renowned restaurants, and directly on the Canal Streetcar line, this location is unmatched for visibility and accessibility. Adding to its appeal, the property sits proudly along the iconic Endymion parade route, ensuring continuous exposure during one of the city's most celebrated events. With some strategic upgrades and TLC, this property has the potential to become a high-performing investment in one of New Orleans' most iconic corridors. Also included in the sale is the lot at 116 N. Tonti, which can serve as private parking--an invaluable asset in this prime location--or as a site for future development. This is more than a purchase--it's an opportunity to own a piece of Canal Street's legacy while creating your next lucrative investment.
Office/Member/Contract Info
List AOR: NOMAR
Property Type
Retail: 1
Parking
Parking Lot: 1
Features
Living Space Available: 1
Landlord Pays
Building Insurance: 1
Property Taxes: 1
Financing
Owner Finance: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 52251213
Originating System Listing ID: 2518638
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 2331
Street Name: CANAL Street
Parish: Orleans
State: LA
Zip Code: 70119
Tax Assessment Number: 206202815
Zone: Com
Directions: I-10 to Canal St Bounding Streets: N Miro St and N. Tonti St
Property Features
Property Type: Retail
Features: Living Space Available
Landlord Pays: Building Insurance; Property Taxes
Parking: Parking Lot
Financing: Owner Finance
Listing Office:
Composite Realty Group, LLC
IDX
Last Updated: February - 03 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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