142 Delaronde St New Orleans, LA 70114-2326
This exceptional 80,884 square foot office complex, located at 142 Delaronde Street in Algiers Point, New Orleans, Louisiana, presents a unique investment opportunity. The property, built in 1966, comprises five buildings across five stories and sits on a 57,935 square foot lot. Zoned MU-1, it offers significant potential for adaptive reuse, potentially qualifying for state and/or federal historic tax credits. Its prime location directly across from the Algiers Ferry terminal provides unparalleled access to the Central Business District, Warehouse District, and French Quarter, ensuring convenient seven-day-a-week connectivity. The asking price is $3,375,000, translating to $41.73 per square foot. The property boasts breathtaking views of the New Orleans skyline and is situated in one of the city's most desirable neighborhoods. This presents an ideal opportunity for a mixed-use development project within a vibrant and established community. The property's rich history and strategic location offer a chance to create a lasting legacy in this historic city. Note that this property can be sold as a package with 149 Delaronde Street. The property features a total of five buildings.
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Property description
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