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Description

The subject property is the former St. John's Masonic Temple on Opelousas Avenue in Algiers Point. It was proposed as a 10 unit condominium conversion and work started toward that effort but was never completed. The condos were proposed with lofts to take advantage of the 20'+ ceiling heights. The average square footage per unit was proposed to be approximately 1,300sf. The roof offers spectacular views of Algiers Point, the Mississippi River and the New Orleans Central Business District. The property is within walking distance of the Canal Street/Algiers Point Ferry and is in close proximity to the shops, galleries and restaurants of Algiers Point. The property is located within the boundaries of the Algiers Point National Historic District. It is likewise within the boundaries of the city-regulated Algiers Point Historic District, placing it within the governance of the Historic District Landmarks Commission. It may be eligible for both Federal & State Historic Tax Credits. Information on both programs are attached under "Attachments & Media," but this information should not be considered to be tax and/or legal advice. Building price details: $675,000.

Property Details

• Type: Multifamily
• Status: Available
• Year Built: 1912
• Buildings: 1

Map Locations