REDUCED - 3103 Monterrey Blvd.-Priced below Appraisal!

Retail-Commercial for Sale
Catylist Listing ID: 28428160
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 47,000 SF
Gross Land Area: 2.79 Acres
Sale Price: $1,775,000
Unit Price: $37.77 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2017

Overview / Comments

Priced below appraisal value. This is a 47,000 SF building on Monterrey Blvd. that currently houses Spectrum Fitness Club. The property just received nearly $250,000 in renovations and repairs including new interior paint, new siding on the exterior, and the replacement of multiple HVAC units. The property is in great condition.

It is completely heated and cooled and would be great for a health club, school, day care, church, general retail or office, or could be easily converted to climate controlled warehouse or storage.

Please contact listing agent for questions or to set up a property tour.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 41
Tax ID/APN: 620260174
Zoning: C-1
Tenancy: Single Tenant

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,832 88,289 216,697
Median Age: 37.44 34.72 35.15
Households: 2,962 33,581 85,463

Contact

Photograph of Listing Agent

Alex B Knight

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
LACDB Member
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