4240 CANAL Street New Orleans, LA $ 925,000
4240 CANAL Street
$ 925,000
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4240 CANAL Street

New Orleans, LA, 70119
$ 925,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 6,389

4240 CANAL Street, New Orleans, LA 70119 - Image 1
4240 CANAL Street, New Orleans, LA 70119 - Image 2
4240 CANAL Street, New Orleans, LA 70119 - Image 3
4240 CANAL Street, New Orleans, LA 70119 - Image 4
4240 CANAL Street, New Orleans, LA 70119 - Image 5
4240 CANAL Street, New Orleans, LA 70119 - Image 6
4240 CANAL Street, New Orleans, LA 70119 - Image 7
4240 CANAL Street, New Orleans, LA 70119 - Image 8
4240 CANAL Street, New Orleans, LA 70119 - Image 9
4240 CANAL Street, New Orleans, LA 70119 - Image 10

Commercial Property for sale in New Orleans, LA

for $925,000. This 5,000 square foot building was built in 1943.

4240 Canal St is a 5,000 SF 2-story office building at the corner of Canal St and S Hennessey St in Mid-City New Orleans. The building is set up to work for a single user or for 2 separate tenants. Each floor has its own entrance and its own electric meter, so a buyer can occupy the whole building, occupy one floor and lease the other, or lease both. The 1st floor has a reception area, nine private offices, a storage room, a full kitchen, and two restrooms. The 2nd floor has nine private offices, including two large front offices that open onto a balcony overlooking Canal Street, plus its own kitchen and two restrooms. The owner has recently installed new HVAC units and a new roof. The building also has an ADA ramp at the rear and one off-street parking space, with on-street parking along S. Hennessey St. and Canal St. The site is 3,456 SF (32' x 108') and is zoned HU-MU, Historic Urban Neighborhood Mixed Use, which allows a range of office and mixed uses. The property sits on the Canal streetcar line with quick access to I-10, the CBD, City Park, and the Mid-City retail corridor, including Rouses, Costco, and Walgreens. This is a good fit for a law firm, medical or professional practice, nonprofit, or an investor looking for a well-maintained, divisible office building in an established part of town.

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Commercial Active

Price

$ 925,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1943

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2581284

Features
General
Sewer PublicSewer
Zoning HUMU
Year Built 1943
Parcel Number 000000
Accessibility AccessibilityFeatures
County Orleans
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Full Baths 0
Status Active
City New Orleans
Senior Community Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Office
Standard Status Active
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Exterior
Parking Features None
Lot Features CornerLot CityLot
Water Source Public
Lot Size Area 0.0
Spa N
Building Area Total 5000.0
Lot Dimensions 3456
Lot Size Acres 0.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Southeast Commercial Of Ms, Llc

Broker

matt@matteatonccim.com

Email

Affordability Calculator

$6,389
Per Month
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Monthly Principal & Interest
$6,389
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
10/12/2026$925,000 Listed Price

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4240 CANAL Street, New Orleans, LA, 70119 is a Commercial Property for sale at $925,000 with 5,000 sqft. 4240 CANAL Street was built in 1943. The property's zip code is 70119 which is in New Orleans, LA