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2010 Peniston St
New Orleans, LA 70115
Retail Property For Sale


Investment Highlights
- Large frontage on Peniston of 150 feet
- Ample greenspace and outdoor area
- Flexible zoning allowing for Two Family Development or Educational Facility
Executive Summary
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.
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.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
18,076 SF
Building Class
C
Year Built
1955
Price
$1,200,000
Price Per SF
$66.39
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.38 AC
Zoning
HU-RDI - permits two-family developments with conditional use ordinance (ZD114-18), which permits an educational facility in the HU-RD1 zoning
Property Taxes
| Parcel Number | 6-14-3-094-01 | Improvements Assessment | $237,950 |
| Land Assessment | $24,750 | Total Assessment | $262,700 |
Property Taxes
Parcel Number
6-14-3-094-01
Land Assessment
$24,750
Improvements Assessment
$237,950
Total Assessment
$262,700
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