1661 Canal Street is an office property for lease in New Orleans, LA.
This is a rare opportunity to own an extremely visible, well located, and important corner parcel on historic and iconic Canal St. Positioned only two short blocks from the new $2 Billion UMC /VA Hospital, across the street from three new hotel developments, nearby the Jung Hotel site (undergoing a $76 Million renovation), directly adjacent to the proposed Canal Crossing new construction multi-family development, and amongst many other retail, multi-family and hotel developments, this property is poised for significant upside.
The property uses the entire city block fronting Canal St, N. Claiborne Ave, iberville St and N. Robertson St. The 2 buildings contain a total of 157, 411 square feet, is zoned CBD-7 (Bio-Science District), eligible for an additional six (6) levels of new construction, with many viable uses.
With significant in-place income, this property will cash flow while you design and permit the re-development project...a truly rare offering and opportunity.
Please contact Keith Adler to obtain the Offering Memorandum, and for any tour requests. The Confidentiality Letter (attached) must be signed before any detailed information will be provided/delivered.
Please DO NOT DISTURB any of the tenants, or attempt to privately tour. The building is heavily secured and private tours will be impossible.
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