

Listed by NAI Rampart
$6,200,000
2714 Canal Street - Liberty Bank Building and Adjacent Lots
Details
APN 105202936
Property Type Office
Sub Type Executive Office
Square Footage 43,000
Price per SqFt $144
Year Built 1969
Stories 5
Acreage 1.410
Zoning HU-MIU (Historic Urban Neighborhood Mixed Use District)
Investment Type Value Add
Office | 43,000 SqFt
Marketing description
Chris R. Ross and NAI Rampart are pleased to offer 2714 Canal Street, an exceptionally visible, transit-served five-story, ±43,000 SF tower, originally opened in 1969 as the Colonial Bank Building, together with a complementary land assemblage comprising vacant parcels on Canal Street (2726, 2730, 2734, 2738, 2760), South White Street (128, 132, 136, 138), and Cleveland Avenue (2721, 2725, 2731, 2735, 2739, 2743, 2749). The total offering price is $6,100,000.
This block-scale package enables generous parking and service options, pad-site potential (QSR/coffee/financial), and flexibility for phased development while maintaining the tower as the anchor.
The property fronts Canal Street at the hinge of the CBD and Mid-City, offering efficient floorplates and strong ground-level presence for adaptive reuse—from medical and clinical buildouts to creative office, education, hospitality, or a mixed-use concept with street-activating retail. Given its vintage and architectural character, the building is potentially eligible for Historic Rehabilitation Tax Credits; a compliant scope could materially offset qualified costs (buyer to verify eligibility, contributing status, and approvals).
The HU-MU Neighborhood Mixed-Use District is intended for areas of mixed-use development that are close to residential neighborhoods. The district regulations are designed to encourage mixed-use areas that are compatible with adjacent or nearby land uses and pedestrian-oriented in character. In the HU-MU District, active retail and personal service uses along the ground floor with residential uses above are encouraged. A variety of residential dwellings are also allowed. This district also allows higher residential densities when a project is providing significant public benefits such as long-term affordable housing.
Investment highlights
- Gateway between the CBD and Mid-City, minutes to University Medical Center, VA Hospital, BioDistrict, and the Tulane/Canal streetcar
- Exceptional visibility, multi-frontage exposure, and convenient regional access
- Block-scale control for superior site planning, signage, and ingress/egress
- Program versatility: medical/clinical, creative office, education, hospitality, or mixed-use with street-activating retail
- Phased execution & exit optionality: activate the tower now; stage pad sites/parking/vertical development on surplus land; sell or condo-map pads later
- HTC upside: potential credits to offset qualified rehab costs and enhance returns (subject to eligibility/approvals)
- Compelling basis: Offered at $6.1M, aligning with value-add redevelopment economics
Listing Contacts


Listed by NAI Rampart
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