2331 CANAL Street New Orleans, LA $ 700,000
2331 CANAL Street
$ 700,000
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2331 CANAL Street

New Orleans, LA, 70119
$ 700,000
Bedrooms-- Baths-- Sq 3,204

Monthly Estimate*

$ 4,835

2331 CANAL Street, New Orleans, LA 70119 - Image 1
2331 CANAL Street, New Orleans, LA 70119 - Image 2
2331 CANAL Street, New Orleans, LA 70119 - Image 3
2331 CANAL Street, New Orleans, LA 70119 - Image 4
2331 CANAL Street, New Orleans, LA 70119 - Image 5
2331 CANAL Street, New Orleans, LA 70119 - Image 6
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2331 CANAL Street, New Orleans, LA 70119 - Image 8
2331 CANAL Street, New Orleans, LA 70119 - Image 9
2331 CANAL Street, New Orleans, LA 70119 - Image 10
2331 CANAL Street, New Orleans, LA 70119 - Image 11
2331 CANAL Street, New Orleans, LA 70119 - Image 12
2331 CANAL Street, New Orleans, LA 70119 - Image 13
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Commercial Property for sale in New Orleans, LA

for $700,000. This 3,204 square foot building was built in 1864 on a lot size of 0.07.

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

$ 700,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Lot Size

0.07

Year Built

1864

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2518638

Features
General
Sewer Public Sewer
Utilities Natural Gas Not Available
Zoning Com
Construction Materials HardiPlank Type
Year Built 1864
Stories Count 2
Property Subtype Commercial
Current Use Commercial Residential
Parcel Number 206202815
Business Type Commercial
County Orleans
Property Type Commercial Sale
Attached Garage N
Possible Use Commercial Residential
Status Active
Directions I-10 to Canal St
City New Orleans
Disclosures Property As Is
Lot Size Units Acres
Lot Size Square Feet 3079.69
Land Lease Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/roam/2518638
Standard Status Active
Year Built Source Assessor
Legal Description SQ 303 LOT 17 CANAL 27X114
Senior Community None
New Construction None
Year Built Effective 2010
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Flooring Wood
Basement (Y/N) N
Air Conditioning Y/N N
Total Baths 0
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Exterior
Parking Features Off Street Parking Lot
Lot Features Other
Water Source Public
Inclusions Building Land
Lot Size Area 0.07
Spa N
Building Area Total 3204.0
Lot Dimensions 27 X 114
Lot Size Acres 0.07
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2331
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* Excluded Features
List By
Demetria A Miller

Listing Agent

Affordability Calculator

$4,835
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,835
Monthly Property Taxes
--
Monthly Home Insurance
--
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
5583192 Elementary School
5584917 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$700,000 Listed Price

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2331 CANAL Street, New Orleans, LA, 70119 is a Commercial Property for sale at $700,000 with 3,204 sqft and a lot size of 0.07. 2331 CANAL Street was built in 1864. The property's zip code is 70119 which is in New Orleans, LA