2010 PENISTON Street New Orleans, LA $ 1,200,000
2010 PENISTON Street
$ 1,200,000
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2010 PENISTON Street

New Orleans, LA, 70115
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,288

2010 PENISTON Street, New Orleans, LA 70115 - Image 1
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2010 PENISTON Street, New Orleans, LA 70115 - Image 4
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2010 PENISTON Street, New Orleans, LA 70115 - Image 8
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2010 PENISTON Street, New Orleans, LA 70115 - Image 12
2010 PENISTON Street, New Orleans, LA 70115 - Image 13
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Commercial Property for sale in New Orleans, LA

for $1,200,000. This building was built in 1955.

An exceptional opportunity in the heart of Uptown New Orleans.Positioned just five blocks from historic St. Charles Avenue, this 18,076-square-foot institutional property occupies a 16,500-square-foot site in the highly desirable Milan neighborhood. Thoughtfully renovated in 2015, the first floor is currently configured for early childhood education, featuring nine classrooms, administrative offices, two kitchens, and flexible learning spaces.Originally constructed as a school and dormitory, the property continues to serve educational users while offering significant long-term potential. The second floor remains in shell condition, providing a rare opportunity to customize and expand the existing footprint. Whether continuing its current educational use or pursuing a future redevelopment opportunity, subject to applicable zoning and neighborhood regulations, this is a truly versatile asset in one of New Orleans' most sought-after locations.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Year Built

1955

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2568728

Features
General
Sewer Public Sewer
Utilities Natural Gas Available
Zoning HU-RD1
Security Features Fire Sprinkler System
Construction Materials Brick
Year Built 1955
Stories Count 2
Property Subtype Commercial
Current Use Commercial Other
Parcel Number 614309401
County Orleans
Property Type Commercial Sale
Subdivision Name Not a Subdivision
Possible Use Other
Building Features Elevator(s)
Status Active
City New Orleans
Disclosures Property As Is
Lot Size Square Feet 0.0
Land Lease Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/roam/2416827
Standard Status Active
Legal Description 1. SQ 505 LOT 4-A 2. 150 X 110
Senior Community None
New Construction None
Year Built Effective 2015
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Features Other
Water Source Public
Inclusions Building Land
Spa N
Lot Dimensions 150' x 110'
Lot Size Acres 0.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Total Baths 0
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Internal Only
Street Number 1 2010
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* Excluded Features
List By
Ansley G Garibaldi

Listing Agent

Affordability Calculator

$8,288
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,288
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5583192 Elementary School
5584917 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$1,200,000 Listed Price

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2010 PENISTON Street, New Orleans, LA, 70115 is a Commercial Property for sale at $1,200,000. 2010 PENISTON Street was built in 1955. The property's zip code is 70115 which is in New Orleans, LA