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1301 Clouet St 57,030 SF Specialty Building Offered at $2,950,000 in New Orleans, LA 70117
Investment Highlights
- Great Redevelopment Opportunity!
Executive Summary
The McEnery Company is pleased to offer for sale: 1301 Clouet Street, a ~60,000-square-foot, 50-unit development opportunity in the Bywater. The former Lorraine Hansberry Elementary School is located just off St Claude Avenue along Clouet Street. The permit-ready project includes 9% LIHTC current round application, Part 1 & 2 Historic Tax Credit approvals, CD set of architectural plans for 50 units. ESA Phase 1, and other preconstruction materials. Bypass the OPSB auction process with this unencumbered opportunity!
Property Facts
| Price | $2,950,000 | Lot Size | 1.85 AC |
| Price Per SF | $51.73 | Building Size | 57,030 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1930 |
| Property Subtype | School | Parking Ratio | 0.77/1,000 SF |
| Building Class | C | ||
| Zoning | HU-RM2 | ||
| Price | $2,950,000 |
| Price Per SF | $51.73 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 1.85 AC |
| Building Size | 57,030 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | HU-RM2 |
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Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (87)
Property Taxes
| Parcel Number | 3-9W-3-047-21 | Improvements Assessment | $197,430 |
| Land Assessment | $48,380 | Total Assessment | $245,810 |
Property Taxes
Parcel Number
3-9W-3-047-21
Land Assessment
$48,380
Improvements Assessment
$197,430
Total Assessment
$245,810
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1301 Clouet St
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