Louisiana Power & Light Headquarters
Office
for Sale
| Catylist Listing ID: |
30852021 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
80,884 SF
|
| Gross Land Area: |
57,935 SF
|
| Sale Price: |
$3,375,000 |
| Unit Price: |
$41.73 PSF |
| Property Use Type: |
Investment |
| Building Name: |
Louisiana Power & Light Headquarters |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/14/2023 |
Overview / Comments
Discover the exceptional former LP&L headquarters in Algiers Point, nestled within one of New Orleans' oldest and most charming neighborhoods. Its strategic location just across from the Algiers Ferry terminal offers convenient access to the Central Business District, Warehouse District, and French Quarter, ensuring easy connectivity seven days a week. This property presents an unparalleled opportunity for adaptive reuse, potentially making it eligible for state and/or federal historic tax credits. Alternatively, embrace the chance to embark on a fresh mixed-use project in this lively and established neighborhood, boasting a breathtaking view of the iconic New Orleans skyline.
Imagine the long-lasting impact of a development in this remarkable location, destined to leave a legacy for generations to come. Situated in one of the most sought-after vantage points in New Orleans, this offers endless possibilities and opportunities to become a part of the vibrant history of the 300-year-old City of New Orleans. Embrace the spirit of innovation and preservation as you transform this space into something truly extraordinary. Don't miss your chance to be a part of shaping the future of this iconic city.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Westbank |
| Tax ID/APN: |
013000186 |
| Zoning: |
MU-1 |
| Airports: |
MSY |
| Total Number of Buildings: |
5 |
| Number of Stories: |
5 |
| Year Built: |
1952 |
| Construction/Siding: |
Block, Brick, Other |
| Parking Type: |
Surface |
| Parking Description: |
Paved lot |
| Passenger Elevators: |
3 |
| Sprinklers: |
None |
| Zoning Description: |
MU-1 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
18,212 |
168,007 |
391,289 |
| Median Age: |
42.12 |
36.5 |
36.52 |
| Households: |
9,955 |
73,683 |
163,134 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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