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Nine-Story Downtown Office Building
For Sale
$1,250,000

429 MURRAY Street, Alexandria, LA 71301

Distinctive nine-story office tower with on-site parking and covered parking/loading on the first floor.

Property Size20,920 SF
Price / SF$59.75
Days on Market30

Property Features for 429 MURRAY Street

General Information

Standard status Active
Size 20,920 SF
Property subtype General Commercial

Amenities

3
Parking. Corner Lot.
Off Street.
Corner.

Building Details

Year Built 1974
Stories 9
Listing Agency: RITCHIE REAL ESTATE
Listed By: Matthew Ritchie · License #0000013779
Source: Xome
Added: Jul 11 Changed: Aug 8 Last Checked: Aug 9 at 5:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RITCHIE REAL ESTATE

Investment Insights

Based on property information with market context.

429 Murray Street is a distinctive nine-story commercial office building in downtown Alexandria, Louisiana. The first floor is set up as a covered parking and loading area, providing direct vehicle access for building operations. Upper floors are served by an elevator and two enclosed stairwells, and the office floors feature expansive floor-to-ceiling windows on three of the four exterior walls for natural light and wide-ranging views.

The property is directly across from the Federal Courthouse and Central Louisiana Technical Community College, placing it within a walkable downtown setting that includes access to government offices, financial institutions, restaurants, retail, and other downtown amenities.

A flexible floor plan supports a range of office layouts and occupancy configurations, subject to applicable zoning and local regulations. The ninth floor contains the building’s mechanical equipment and provides roof access for maintenance and ongoing building operations.

Key Highlights

  • Distinctive nine‑story commercial office tower built in 1974 in downtown Alexandria, Louisiana
  • Dedicated on‑site parking plus covered parking and loading area on the first floor
  • Elevator and two enclosed stairwells for circulation to the upper office floors

Property Analytics

Current Use

The Gulf Central Agency Insurance Agency St. Joseph Hospice Nursing Home Citzens With Development ... Social Service Agency Barron Builders Construction Company Elite Seamless Gutters ... General Contractor

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,208
Businesses Nearby

Demographics for 71301, LA

20,454
Population
9,173
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
12.5 sq mi
ZIP Area
1,636
Density / Sq Mi
$44,330
Median Household Income
$31,233
Median Earnings
$919
Median Rent
$156,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Distinctive nine-story office tower with on-site parking and covered parking/loading on the first floor.
Where is this office building located?
The property is located at 429 MURRAY Street Alexandria, LA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Distinctive nine‑story commercial office tower built in 1974 in downtown Alexandria, Louisiana; Dedicated on‑site parking plus covered parking and loading area on the first floor; Elevator and two enclosed stairwells for circulation to the upper office floors
More about this property
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