Office/Warehouse for Sale - Reduced

Industrial for Sale
Sale Pending
Catylist Listing ID: 30144977
Property Subtypes: Free-Standing
Status: Pending
Building Size (RSF): 10,456 SF
Gross Building Area: See Agent
Sale Price: $615,000
Unit Price: $58.82 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/12/2018

Overview / Comments

Legal: Lots 7, 8, 9, & 10, Square No. 507, First District of the City of New Orleans, LA

Description: An approximately 10,456 square foot ground level metal and concrete block warehouse which includes a 1,131 sq. ft. +/- office annex of wooden construction. Original building constructed in 1959; concrete block addition built in 1983; renovated following Hurricane Katrina.

Land: 13,745 square feet +/-

Zoning: Legal non-conforming light industrial use; underlying zoning is non HU-RD2 (on Historic Urban Two Family Residential District)

Additional: Per owner, building flooded only once (Hurricane Katrina)
Additional wooden mezzanine storage or work area of approx. 2,782 sq. ft. (not included in total building above)
Well maintained
Lot 7 (unimproved lot) is 3,236 sq. ft. +/- (included in total land area above)
Owner consolidating its business operations

Sale Price: Reduced to $615,000

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41036843

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,432 194,322 415,389
Median Age: 31.06 36.65 37.56
Households: 10,257 86,591 177,734


Photograph of Listing Agent

David B. Quinn, SIOR

Max J Derbes Inc New Orleans, LA 70123-3229
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.