- For Sale $1,195,000
- Property Type Retail
- Property Size 2,732 SF
- Lot Size 0.06 Acre
- # of Floors 2
- Parking Spaces Avail. 5
- Parking Ratio 1.83 / 1,000 SF
- Date Updated May 15, 2026
Description
2337 Canal Street is a two-story mixed-use commercial asset. The property features a stabilized ground-floor restaurant tenant on a five-year lease (until November 30, 2028) and an income-generating mid-term furnished rental unit on the second floor, offering a strong turnkey investment opportunity for an investor.
Minutes from Downtown, Mid-City, and the Medical District, the property benefits from heavy daily transit and vehicle activity. The surrounding area is anchored by major institutions including University Medical Center and the VA Hospital and a strong mix of neighborhood retail, hospitality, and residential developments.
Property Highlights
Two-story mixed-use commercial building
Ground Floor (± 1,276 SF): leased to a restaurant tenant on a 5-year lease (until November 30, 2028)
Second Floor (± 1,455 SF): active mid-term furnished rental unit (5 Beds / 5 Baths)
Total SF: ~ 2,731 SF
Income from: stabilized NNN restaurant lease + residential rental revenue
Zoning: HU-MU
Mechanical, electrical, and plumbing systems: updated in 2022
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Contacts
Talbot Realty Group
Talbot Realty Group