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429 Murray St
Alexandria, LA 71301
Alexandria Tower · Office Property For Sale


Investment Highlights
- Nine-story commercial office tower
- Directly across from the Federal Courthouse and Central Louisiana Technical Community College
- First floor configured for covered parking and loading
Executive Summary
429 Murray Street – Tower is a distinctive nine-story commercial office building located in the heart of downtown Alexandria, Louisiana. The property is conveniently situated directly across from the Federal Courthouse and the Central Louisiana Technical Community College, with easy access to government offices, financial institutions, restaurants, retail, and other downtown amenities. The building features a dedicated on-site parking area, while the first floor is designed as a covered parking and loading area, providing convenient vehicle access and operational flexibility. An elevator and two enclosed stairwells serve the upper floors, supporting efficient circulation throughout the building. Office floors feature expansive floor-to-ceiling windows on three of the four exterior walls, providing abundant natural light and panoramic views of the surrounding downtown area. The flexible floor plan can accommodate a variety of office layouts and occupancy configurations, subject to applicable zoning and local regulations. The ninth floor houses the building's mechanical equipment and provides roof access for maintenance and building operations. This property presents an opportunity for an owner-user or investor seeking a multi-story office asset in Alexandria's Central Business District with structured building infrastructure, on-site parking, and a highly visible downtown location
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
20,920 SF
Building Class
B
Year Built
1974
Price
$1,250,000
Price Per SF
$59.75
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
2,615 SF
Slab To Slab
10’
Building FAR
1.78
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
CDB - Central Business District
Parking
8 Spaces (0.38 Spaces per 1,000 SF Leased)
Amenities
- Security System
Property Taxes
| Parcel Number | 24-007-00180-0086 | Improvements Assessment | $285 |
| Land Assessment | $0 | Total Assessment | $285 |
Property Taxes
Parcel Number
24-007-00180-0086
Land Assessment
$0
Improvements Assessment
$285
Total Assessment
$285
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