Address: 4423 La Salle Pl., New Orleans, LA 70115
Former Our Lady of Lourdes Catholic Church Rectory available for sale. The subject property is 0.73 acres; 9,623 square feet and is situated on the northeastern corner of La Salle Street and Jena Street in the Uptown/Freret neighborhood.
The improvements consist of a three-story, and mostly renovated 8,252 square foot historic annex building. The ‘Annex’/Rectory is estimated to be approximately 90% complete with a floor plan designed to accommodate office use. There may be significant unclaimed historic tax credit equity with the rectory renovations.
The property was was originally purchased in 2016 by a group who began a renovation into the “Uptown Opera Center” but renovations ceased after default tied to a local bank collapse, resulting in a contractor lien and ownership by the current owner.
The property is located in a Qualified Opportunity Zone, the Uptown New Orleans National Register Historic District, and the Freret-Claiborne State Cultural District, making it potentially eligible for both State and Federal Historic Tax Credits, as well as Opportunity Zone Tax Treatment.
List Price: $1,500,000
General Building Area: 8,252 SF
Zoning: HU-MU | Historic Urban Neighborhood Mixed-Use District
Contact Gordon McLeod (504.717.3648) or Parke McEnery (504.236.9542) for more information or to schedule a showing.
