401 Nashville Avenue, New Orleans, LA, 70115

401 Nashville Avenue New Orleans, LA 70115

401 Nashville Avenue, New Orleans, LA, 70115
401 Nashville Avenue, New Orleans, LA, 70115 401 Nashville Avenue, New Orleans, LA, 70115 401 Nashville Avenue, New Orleans, LA, 70115 401 Nashville Avenue, New Orleans, LA, 70115
FOR SALE Auction Property
Property Type:
Schools/Education
Amount:
$3,170,500
Last Verified:
Apr 07, 2025

Daily Email Blast
0 times



Description

LIVE AUCTION - APRIL 30th - 11:00 AM

Registration Begins at 10:00 AM

Auction Tour Dates: Tuesday, April 8th & Tuesday April 15th - 2:30 PM - 3:30 PM

Location: Orleans Parish School Board Headquarters

2401 Westbend Parkway, New Orleans, LA 70114


Property Highlights:
Orleans Parish School Board Site
Originally home to Arthur Ashe Elementary School
± 26,463 SF of Improvements (3 buildings) on ± 0.91 Acres
Historic (1907) School Building is 20,722 SF; Cafeteria Building is 3,515 SF, and 5703 Annunciation is 2,226 SF
Zoned HU-RD2, Historic Urban Two-Family Residential District
Appraisal Price: $ 3,730,000
Minimum Bid: $3,170,500
This asset will be sold at or above the minimum bid price.
Cashiers Check deposit required to bid: $50,000
The OPSB reserves the right to withdraw any property from the event at any time.
In cooperation with Paul Richard and Mignon Richard Diaz, Latter & Blum Commercial

401 Nashville is bounded by Nashville Avenue, Laurel Street, Arabella Street and Annunciation Street in the Uptown-Garden District Neighborhood. The site is one half mile from Audubon Park and is a fifteen-minute drive to/from Downtown New Orleans via popular local east/west thoroughfares: Tchoupitoulas Street, Magazine Street, St. Charles Avenue or S. Claiborne Ave/US 90 (34,940 VPD).


Building Size: 26462sq ft
Lot Size: 0 acres

Map of 401 Nashville Avenue, New Orleans, LA, 70115

Presented by:
SVN | Gilmore Auction & Realty

Request additional information
David Gilmore


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.