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34506700
34506699

2010 Peniston Street, New Orleans, LA 70115 For Sale

AL
LA SALE.0995683576-ACT, MS S-51756
Corporate Realty
Listed by Corporate Realty
$1,200,000
1 day on market
Updated 1 day ago

Historic School Building for Sale

Details
Property Type Special Purpose
Sub Type School
Square Footage 18,076
Year Built 1955
Year Renovated 2015
Buildings 1
Stories 2
Lot Size (SqFt) 16,500
Zoning HU-RDI

Special Purpose | 18,076 SqFt

Marketing description

This 18,076 sf, two-story building sits on a 16,500-sf rectangular parcel in the densely developed Milan neighborhood of Uptown New Orleans. While primarily residential, this area on the lakeside of St. Charles Avenue also features popular retail destinations such as Martin Wine & Spirits, the recent redevelopment of the Fine Arts Theater Building that resulted in Zee's Pizzeria and Lucy Boone Ice Cream, the Mosquito Supper Club, and Columns. The property is only four blocks from St. Charles Avenue.

This building was renovated in 2015 for the school's day care/early elementary programs. The first floor has 9,434 sf of gross building area that is configured with nine classrooms, several offices, and two kitchens. The second floor is gutted and ready for renovation with no interior finishes and is accessible via an interior elevator and stairwells.

Originally built for use as a school and dormitory, this property is used by the Waldorf School and the Benjamin Thomas Academy, which will vacate at the end of the 2026-2027 school year. It can continue to serve as a school or childcare facility. It also has potential to be redeveloped, zoning and neighborhood ordinances permitting.

Investment highlights

  • Large frontage on Peniston of 150 feet
  • Flexible zoning allowing for Two Family Development or Educational Facility
  • Ample greenspace and outdoor area

Listing Contacts

AL
LA SALE.0995683576-ACT, MS S-51756
Corporate Realty
Listed by Corporate Realty

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