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2714 Canal St
New Orleans, LA 70119
Office Property For Sale
INVESTMENT HIGHLIGHTS
- New Redevelopment Opportunity
EXECUTIVE SUMMARY
Chris R. Ross and NAI Rampart present a campus-scale redevelopment anchored by 2714 Canal Street—a 5-story, ±43,000 SF former financial headquarters opened in 1969 as the Colonial Bank Building—paired with a rare multi-parcel land assemblage spanning Canal Street, South White Street, and Cleveland Avenue. Offered at $6,200,000, the package is priced as a development opportunity, and the primary building is potentially eligible for Federal & State Historic Rehabilitation Tax Credits (HTCs) (buyer to verify).
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
43,000 SF
Building Class
C
Year Built
1940
Price
$6,200,000
Price Per SF
$144.19
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
8,600 SF
Slab To Slab
10’
Building FAR
9.63
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C-1A
Parking
110 Spaces (2.56 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $157,120 | |
| Land Assessment | $111,260 | Total Assessment | $268,380 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$111,260
Improvements Assessment
$157,120
Total Assessment
$268,380
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