401 Tchoupitoulas St (Offered via AUCTION!)

The property will be sold to the Highest Bidder on October 29th, 2026 through Henderson Auctions!

Link:                    https://bid.hendersonauctions.com/ui/auctions/169453/26116609

• Sale Type: Absolut Auction Final Auction Subject to Court Approval
• Auctioneer: Henderson Auctions, 13340 Florida Blvd., Livingston, LA (LA License # 1160-21); Phone: (225) 686-2252; Contact: Guy Jones
• Co-Broker Opportunity: If a Buyer-broker is involved, we will be cooperating with a Two (2%) commission in the buy side.
• Buyer proposed review Dates: Reach out to broker to confirm your spot:
  - Wednesday morning (9:00 to 12:00) and afternoon (1:00 to 4:00) - 10/7/26 - Wednesday afternoon (12:00 to 4:00) - 10/14/26 - Saturday mid-day (10:00 to 3:00:00) - 10/25/26 - Wednesday morning (9:00 to 12:00) - 10/28/26 - day before the auction.
• Broker can accommodate inspection requirements with notice.
• Auction Closing Date: October 29th, 2026

A rare opportunity to own a high-visibility, ground-floor commercial condo in the heart of the New Orleans Central Business District. Situated in the historic Walle & Company LTD Building, originally built in 1920, this ±4,115 SF space masterfully blends classic New Orleans architecture with contemporary finishes.

Neighboring the iconic Mother’s Restaurant and directly across from the Windsor Court Hotel, this condo benefits from exceptional pedestrian traffic, immediate access to hotels, Class A office towers, and the New Orleans Convention Center.

Whether you’re a boutique retailer, professional service provider, or regional law firm seeking a high-profile flagship location, this property offers unmatched visibility, walkability, and presence in one of New Orleans' most vibrant commercial corridors.

• ±4,115 SF ground-floor condo
• Located in the Walle & Co. LTD Building (built 1920 | renovated 2016)
• High barrier to entry market
• Floor-to-ceiling storefront windows on Tchoupitoulas
• Highly flexible and adaptable layout 
• Walkable to Convention Center, major hotels, restaurants, and office towers

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. (proposed schedule above)
• 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 Guy Jones at 985-789-4389 or email guyj@hendersonauctions.com. 225-686-2252 or 800-850-2252