Canal Street Land For Sale

Vacant Land for Sale
Catylist Listing ID: 30867493
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 17,748 SF
Sale Price: $699,000
Unit Price: $39.38 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2024

Overview / Comments

A vacant land site offering a unique development opportunity with 113' of frontage along famed Canal Street, and approximately 157' of depth. The subject property is adjacent to the highly trafficked intersection of Canal and Broad Streets and includes three parcels: 2623, 2625 and 2629 Canal Street. HU-MU Zoning offers a variety of permitted uses, ranging from medical, restaurant, office and residential.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 206203707
Zoning: HU-MU
Property Visibility: Excellent
Largest Nearby Street: Canal Street
Feet of Frontage: 113
Site Description: Vacant land site that is paved.
Lot Frontage: 113
Lot Depth: 157
Zoning Description: The HU-MU Neighborhood Mixed-Use District is intended for areas of mixed-use development that are close to residential neighborhoods. The district regulations are designed to encourage mixed-use areas that are compatible with adjacent or nearby land uses and pedestrian-oriented in character. In the HU-MU District, active retail and personal service uses along the ground floor with residential uses above are encouraged. A variety of residential dwellings are also allowed. This district also allows higher residential densities when a project is providing significant public benefits such as long-term affordable housing.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,782 208,108 400,141
Median Age: 33.06 36.57 37.07
Households: 10,562 91,414 171,001

Contact

Photograph of Listing Agent

Carly Plotkin

Stirling New Orleans New Orleans, LA 70130
LACDB Member
Photograph of Listing Agent

Ben Graham

Stirling Baton Rouge New Orleans, LA 70130
LACDB Member
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