4243 Canal St

Prime Canal Street Commercial Opportunity – Income-Producing Automotive Property. Position your business or investment portfolio for success in one of New Orleans’ most visible and high-traffic corridors. Located on historic Canal Street, this well-positioned commercial property presents a rare opportunity for automotive operators, owner-users, or investors seeking strong street presence and long-term upside. The property offers approximately 4,906 square feet total, including 1,945 square feet of office and retail space, great for customer reception, administrative offices, or showroom use. The 2,960 square feet of warehouse/work area and storage is highly functional and equipped with six bay doors, allowing for efficient vehicle access and workflow. The site also includes 8 dedicated on-site parking spaces, a valuable asset in this corridor.

Investment highlights: The property is currently subject to an existing lease running through mid-2031, providing long-term income stability. A scheduled rent increase in July 2026; this date reflects a rent escalation only and not a lease expiration. Additionally, the lease includes an $8,500 security deposit, enhancing owner protection. Early termination would release the tenant from approximately five remaining years on the lease, creating added leverage for the owner. With excellent visibility, strong traffic counts, and a layout well-suited for a wide range of automotive or service-oriented uses, this property offers both immediate income and future flexibility. Don’t miss this rare opportunity to own a prominent, income-producing commercial asset on Canal Street. Schedule a private tour today.

• Prime Canal Street location with excellent visibility and high traffic exposure
• Income-producing automotive commercial property
• Six (6) bay doors allowing smooth vehicle flow and operations
• Eight (8) dedicated on-site parking spaces
• Well suited for automotive repair, specialty services, or owner-user operations
• Existing lease in place through mid-2031, providing long-term income stability
• Scheduled rent increase July 2026
• Rent escalation only; lease does not expire in 2026
• $8,500 security deposit held for added owner protection
• Early termination would release approximately five remaining lease years, offering future flexibility
• Strong street presence in a highly visible commercial corridor
• Great opportunity for investors or owner-users seeking cash flow with upside