2331 CANAL Street, New Orleans, LA 70119 (MLS# NO2518638)

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

Documents

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.