Tom Cook: Downtown historic building sold
The downtown office building commonly referred to as the old Landry-Landry Law Office on Lafayette Street has sold. The sale took place Wednesday, for a total price of $665,000, which calculates to about $83 per square foot. The property was purchased by Tessier Building, represented by David Weinstein. The property was purchased from Frances Harriet Landry Borghart. According to Beau Box at Beau Box Commercial Real Estate, the 8,000-square-foot building will be renovated for office space downstairs and will have three one-bedroom apartments upstairs. The two-story building is situated on a lot containing about 10,500 square feet, but has a 10-foot servitude to Laurel Street. It has a nice courtyard with plenty of parking, and a view of the river until Richard Preis completes his tower.
(Appraiser Tom Cook owns Cook Moore and Associates. Reach him at 293-7006 or TCook@cookmoore.com.)
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