Active
Sale
Investment

Price Reduction! 9 unit Mixed Use - 3301 Canal St

3301 Canal St, New Orleans, LA 70119

For Sale

$1,700,000

$189.31/SF

Cap Rate
8.52%
Building Size
8,980 SF
Lot Size
0.1549 ac
Parish
Orleans
DOM
61
Listed
08/24/2026
Updated
10/14/2026
Price Reduction! 9 unit Mixed Use - 3301 Canal St
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Overview

PRICE REDUCTION! 100% occupied, mixed use investment property on highly sought-after corridor in New Orleans with upside in rental income and value! This large 3-story, ~8,980 sf building on highly visible corner lot is comprised of nine (9) total spacious units: Two (2) ground floor commercial units & Seven (7) upper floor residential units; 100% occupied - currently producing $12,065/month ($144,780/yr) in gross rental income. A+ location on Canal Street in desirable Mid City neighborhood - 1 block from Canal & Norman C Francis intersection, with ample parking with 12 spaces in rear of building and multiple spaces in front of building. Call Bryce (504) 301-5583 or Mason (504) 298-5547 for information or to arrange a showing.

  • Nine (9) total units: Two (2) ground floor commercial units & Seven (7) upper floor residential units
  • All units are occupied - currently producing $12,065/month ($144,780/yr) in gross rental income
  • A+ location on Canal Street in Mid City neighborhood - 1 block from Canal & Norman C Francis Intersection
  • Mix of spacious 2 BR units & 1 BR units
  • Ample parking with 12 spaces in rear of building and multiple spaces in front of building
  • Large 3-story, ~8,980 sf building on a large, highly visible corner lot
  • Rare opportunity to acquire fully occupied investment property on highly sought-after corridor in New Orleans with upside in rental income and value

Additional Information

City
New Orleans
County
Orleans Parish
State
LA
Zip Code
70119
Latitude
29.9696289
Longitude
-90.0927893
Zoning
HU-MU
Zoning Desc.
Historic Urban Neighborhood Mixed Use District
NOI
$144,780
Building Class
A
Floors
2
Parking Spaces
15
Property Use Type
Business
Property Status
Existing
Avg. Occupancy
100%
Ceiling Height
9'
Power Provider
Entergy
Water Provider
City
Sewer Provider
City
Parcel APN
206206211
Listing ID
92e95764

Parcel & Location