Retail/Storage Building for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30164085
Property Subtypes: Street Retail
Building Size (RSF): 1,903 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $183.92 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

Building:
Description: Approximately 1,903 square feet of commercial retail and storage space including 2 suites. Located on Cleary Avenue, 3 blocks south of Veterans Memorial Blvd.

Building Area: Suite A – 1,143 sq. ft. retail space currently leased to Boost Mobile (paying $1,554.00/month)
Suite B – 760 sq. ft. vacant garage and fenced lot w/several awnings and two (2) containers (previously leased for $850.00/month)

Land Area: 6,900 square feet

Zoning: C-2, Commercial

Sale Price: $350,000

Miscellaneous: Billboard income $175.00/month, will transfer with sale of property.
Taxes and insurance $7,101.00/year
Building currently produces $1,729.00/month income plus 1 additional vacant suite that could receive $850.00/month income.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: JP-46582

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 32,113 149,327 312,600
Median Age: 37.63 41.82 39.17
Households: 14,156 65,619 131,534

Contact

Photograph of Listing Agent

Joe Gorman

Max J Derbes Inc New Orleans, LA 70123-3229
LACDB Member
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