About 2331 Canal Street
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.
Features of 2331 Canal Street
| MLS® # | 2518638 |
|---|---|
| Price | $844,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,204 |
| Acres | 0.07 |
| Year Built | 1864 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 2331 Canal Street |
|---|---|
| City | New Orleans |
| County | Orleans |
| State | Louisiana |
| Zip Code | 70119 |
Amenities
| Parking | Off Street, Parking Lot |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | HardiPlank Type |
|---|---|
| Lot Description | City Lot, Rectangular Lot |
| Construction | HardiPlank Type |
Additional Information
| Days on Market | 61 |
|---|---|
| Zoning | Com |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
| Listing Provided By | Composite Realty Group, LLC |