1912 LB LANDRY AVE, New Orleans, LA 70114
1912 LB LANDRY AVE, New Orleans, LA 70114
1912 LB LANDRY AVE, New Orleans, LA 70114
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Mark Hingle

Mark Hingle

+1(504) 982-5237
$1,995,000
Est. payment /mo
46,407 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 46,407 sqft

Price per Sqft $42

MLS Listing ID 2563632

HOA Y/N No

Property Description

MOTIVATED SELLER. BRING ALL OFFER, OWNER FINANCING AVAILABLE ! Rare opportunity to acquire a ±3.15-acre historic redevelopment site in Algiers featuring a ±46,407 SF existing structure and spanning an entire city block. Located within an Opportunity Zone and individually listed on the National Register of Historic Places, the property offers significant redevelopment potential for multifamily, mixed-use, senior housing, affordable housing, institutional, educational, or community-serving uses.
Part 2 Historic Tax Credit approval is already in place, providing a major advantage for developers seeking to leverage Federal Historic Tax Credits (20%) and Louisiana Historic Tax Credits (up to 25%), subject to program requirements. Current zoning includes C-1 Commercial and S-RM1 Suburban Multifamily Residential with a MUL (Mixed-Use Low Density) future land use designation, allowing for a variety of redevelopment concepts.
Prominently located along L.B. Landry Avenue and Wall Boulevard with convenient access to the Crescent City Connection, Downtown New Orleans, and major transportation corridors. Owner financing and creative deal structures may be considered. Motivated seller. Bring all offers.

Location

State LA

County Orleans

Zoning S-RM1

Interior

Fireplace No

Exterior

Parking Features Off Street

Water Access Desc Public

Building

Lot Description City Lot, Rectangular Lot

Dwelling Type Mixed Use,None

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Talbot Realty Group
Mark Hingle

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+1(504) 982-5237

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1912 LB LANDRY AVE

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