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4243 Canal St
New Orleans, LA 70119
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Canal Street location with excellent visibility and high traffic exposure
- Six (6) bay doors allowing smooth vehicle flow and operations
- Well suited for automotive repair, specialty services, or owner-user operations
- Income-producing automotive commercial property
- Eight (8) dedicated on-site parking spaces
- Existing lease in place through mid-2031, providing long-term income stability and Rent escalation
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,810 SF
Building Class
C
Year Built
1950
Price
$1,595,000
Price Per SF
$331.60
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.64
Lot Size
0.17 AC
Zoning
C2 - Heavy Commercial (HU-MU)
Parking
8 Spaces (1.66 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 2-06-2-088-21 | Improvements Assessment | $62,430 |
| Land Assessment | $22,540 | Total Assessment | $84,970 |
PROPERTY TAXES
Parcel Number
2-06-2-088-21
Land Assessment
$22,540
Improvements Assessment
$62,430
Total Assessment
$84,970
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