2331 Canal Street New Orleans, LA $ 844,000
2331 Canal Street
$ 844,000
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2331 Canal Street

New Orleans, LA, 70119
$ 844,000
Bedrooms2 Baths-- Sq 3,204

Monthly Estimate*

$ 5,265

2331 Canal Street, New Orleans, LA 70119 - Image 1
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Commercial Property for sale in New Orleans, LA

for $844,000 with 2 bedrooms. This 3,204 square foot building was built in 1864 on a lot size of 0.0707.

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.

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Commercial Active

Price

$ 844,000

Bedrooms

2

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.0707

Year Built

1864

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2518638

Features
General
Sewer Public Sewer
Zoning Com
Construction Materials HardiPlank Type
Year Built 1864
Stories Count 2
Levels Two
County Orleans
Property Type Commercial Sale
Other Structures Living Quarters
Total Rooms 10
Full Baths 0
Status Active
Directions I-10 to Canal St
City New Orleans
Structure Type Mixed Use
Standard Status Active
Tax Lot 17
Legal Description SQ 303 LOT 17 CANAL 27X114
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Exterior
Parking Features Off Street Parking Lot
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.0707
Building Area Total 3204
Lot Dimensions 27 X 114
Lot Size Acres 0.0707
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Composite Realty Group, Llc

Broker

Demiisarealtor@gmail.com

Email

Affordability Calculator

$5,265
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,265
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2025$805,000 Listed Price

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2331 Canal Street, New Orleans, LA, 70119 is a Commercial Property for sale at $844,000 with 3,204 sqft and a lot size of 0.0707. 2331 Canal Street has 2 bedroomsThe property's zip code is 70119 which is in New Orleans, LA