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1301 Clouet St 57,030 SF Specialty Building Offered at $4,024,508 CAD 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 | $4,024,508 CAD | Lot Size | 1.85 AC |
| Price Per SF | $70.57 CAD | Building Size | 57,030 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1930 |
| Property Subtype | Schools | Parking Ratio | 0.77/1,000 SF |
| Building Class | C | ||
| Zoning | HU-RM2 | ||
| Price | $4,024,508 CAD |
| Price Per SF | $70.57 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Schools |
| 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 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 3-9W-3-047-21 | Improvements Assessment | $272,917 CAD |
| Land Assessment | $66,878 CAD | Total Assessment | $339,795 CAD |
Property Taxes
Parcel Number
3-9W-3-047-21
Land Assessment
$66,878 CAD
Improvements Assessment
$272,917 CAD
Total Assessment
$339,795 CAD
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1301 Clouet St
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