New Orleans, LA Online Only Real Estate Auction

New Orleans, LA Online Only Real Estate Auction

Bidding Begins to Close: Thursday, November 19th, 2026 @ 2:00 PM CT 

Address: N. Rampart St. & St. Philip St., New Orleans, LA 70116

Details: Approved Historic Tax Credits | French Quarter Edge | Creative Financing / Assumable Debt

A distinctive historic redevelopment opportunity situated at the prominent intersection of North Rampart Street and St. Philip Street, along the edge of New Orleans’ French Quarter and Tremé.

Originally constructed circa 1870, this historic corner property features approximately 7,615 SF of enclosed structure, dual street frontage, and valuable off-street parking. Based on existing floor plans, the property contains approximately 10,000 SF of estimated rentable area. The seller estimates approximately 11,581 SF of total usable area, including conditioned interior space and partial allocation of gallery and balcony areas. Buyer to verify all measurements and square footage.

The property retains significant historic architectural character, including masonry bearing walls, heavy timber framing, and full-length wrought-iron galleries overlooking North Rampart Street. A full-height third-level attic provides additional potential for an expanded redevelopment plan.

Currently vacant and partially improved, the property offers an exceptional opportunity for residential, commercial, hospitality, or mixed-use redevelopment, subject to applicable approvals and restrictions.

The property has received Part 1 approval for both Federal and State Historic Tax Credit programs and is zoned VCC-2, providing flexibility for a variety of potential uses.

Creative financing / assumable debt opportunity available. Property sells as-is.

Investment Highlights

Prominent corner location at North Rampart St. & St. Philip St.

French Quarter / Tremé edge location

Historic circa-1870 construction

Approximately 7,615 SF enclosed structure

Approximately 10,000 SF estimated rentable area

Seller-estimated 11,581 SF total usable area

Full-height third-level attic with expansion potential

Federal & State Historic Tax Credit Part 1 approvals

VCC-2 zoning

Dual street frontage

Off-street parking

Vacant and partially improved

Mixed-use redevelopment potential

Creative financing / assumable debt

Offered as-is

Questions? Call: Jason Bush at 225-431-0542 or email jason@hendersonauctions.com.

Selling Subject to Owner Confirmation.

Online Only Real Estate Auction Terms:

The high bidder at the auction (“Buyer”) will be required to sign the Purchase and Sale Agreement immediately upon the conclusion of the auction.

FEES: Buyer will pay all closing costs and associated fees.

QUALIFIED BIDDER DEPOSIT:

To be approved as a qualified bidder, each bidder must submit a deposit of $5,000 in certified U.S. funds to Henderson Auctions. Credit card payments are not accepted for this deposit.

• If a bidder is designated by the Auctioneer as the successful bidder, the deposit will be applied toward the purchase price at closing.

• The deposit is non-refundable if the successful bidder fails to:

•  Execute the Purchase and Sale Agreement

•  Pay the Earnest Money Deposit

•  Complete the closing process on the property

Bidders who are not selected as successful bidders will receive a full refund of their deposit within seven business days following the conclusion of the auction.

EARNEST MONEY DEPOSIT:

An Earnest Money deposit equal to ten percent (10%) of the purchase price is required and must be paid within three business days following the conclusion of the auction, within three business days of the auction's closing.

•  The deposit must be made via Cashier’s Check or Wire Transfer.

•  Funds will be held in Henderson Auction’s non-interest-bearing escrow account.

•  At closing, the deposit will be credited toward the buyer’s total settlement amount.

•  The deposit is non-refundable if the buyer fails to complete the purchase of the property.

VIEWING/INSPECTION: The Buyer is responsible for completing inspections/viewing before the close of the auction.

“AS IS, WHERE IS”: The Buyer is purchasing this Property “as is, where is” with no warranties expressed or implied for habitation or development, or fitness for any other purpose.

POSSESSION: Possession of the Property will be provided to the Buyer at closing.

SURVEY/PROPERTY MAPS/TAXES: The Seller will provide property maps and aerial photos as available.

REAL ESTATE TAXES: All real estate taxes shall be prorated from the auction close.

CLOSING: Closing under the Purchase and Sale Agreement shall be no later than 45 days of the auction's closing, with delivery of insurable title to Buyer. Buyer to pay attorney fees and closing costs. This property will sell without reserve to the high bidder, who will be notified within 6 hours of the auction closing that he/she has been recognized as the SUCCESSFUL BIDDER.

BUYER’S PREMIUM: 10% Buyer’s premium shall be added to the high bid, the combination of which will establish the final contract sales price.

Preview by appointment.

General Auction Site Policies: When entering any of the auction sites you do this at your own risk. Henderson Auctions is not responsible for any injuries or damage to Property that occurs at the auction site. The property is sold “as-is/where-is”, with No Guarantees or Warranties.

In the event of default by the Buyer, Henderson may offer the Property for sale to the non-winning bidders, in the order of their final bids from highest to lowest (“default process”).

The BID CALLER has the sole discretion to determine the final high BIDDER, and can in his sole discretion open the bidding, close the bidding, exclude BIDDERs, recognize late BIDDERs, reopen closed bidding, and reopen the bidding between tie BIDDERs. BIDDERs have the opportunity, where available, to bid in person, absentee, by proxy, by telephone, or through online bidding platform(s).

Any notice of successful bidding or being outbid via an online platform(s) or by any party other than the BID CALLER and Management for the AUCTIONEER does not constitute official notice. Official notice of award and whether or not a sale has taken place will only be given in the form of an invoice from the AUCTIONEER. AUCTIONEER has the right and sole discretion to amend or correct any invoice that is sent to a BIDDER.

Any litigation from non-payment or lot-related discrepancies will be held in a Livingston, LA Parish court system.

If a BIDDER does not pay the balance in full by the scheduled closing date, the BIDDER’s Earnest Money and QUALIFIED BIDDER DEPOSIT will be forfeited to the AUCTIONEER.

General Terms:

Photos shown on the website are meant as a representation, all items in the photo may not be included in the lot. Please read the lot description for specific items included with the lot.

High bidders will receive an invoice from Henderson Auctions and not the online bidding platform. If you receive an email or invoice from an online bidding platform please disregard this notice and call our auction office 225-686-2252.

When entering any of the auction sites you do this at your own risk.

Henderson Auctions is not responsible for any injuries or damage to property that occurs at the auction site. All items are sold “as is, where is”, with no guarantees or warranties express or implied.

Inspection prior to bidding is recommended and available.

All claims or disputes or legal actions by any party to this agreement must be filed in the Circuit Court of Livingston Parish, Louisiana, and all legal matters contemplated in this agreement will be governed by the laws of the State of Louisiana and that jurisdiction.

Henderson Auctions reserves the right to cancel auctions at any time.

Questions? Call Jason Bush at 225-431-0542 or email jason@hendersonauctions.com

#1 • Historic Mixed-Use Redevelopment Opportunity | French Quarter Edge | Approved Historic Tax Credits