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
In order to receive access to all available property information (appraisals, assessments, and reports) please fill out and sign the confidentiality agreement below.
Click Here For Confidentiality Agreement
401 Nashville Avenue, New Orleans, LA 70115
- Link to Drone Video: https://vimeo.com/1062548973
- 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
- Supporting Documents Attached: Inspection Waiver & Indemnification Agreement, Agreement for the Purchase and Sale of Real Estate, Auction Terms and Conditions, Property Appraisal
- Location Description:
- 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).
- Offering Summary:
- 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
In order to receive access to all available property information (appraisals, assessments, and reports) please fill out and sign the confidentiality agreement below.