128 Colby Street

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30753406
Property Subtypes: Free-Standing, Mixed Use, Light Industrial, Other
Status: Pending/Contingent
Building Size (RSF): 1,820 SF
Gross Building Area: See Agent
Gross Land Area: 15,120 SF
Sale Price: $525,000
Unit Price: $288.46 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/14/2021

Overview / Comments

Free standing/Light industrial/office/ building. Former electrician office/workshop. Great centrally located property. 1 block off Airline and Central lots of lay down yard space and storage.

Cell Tower is on an easement and provides monthly rents with annual step ups. Cell Tower has a right of first refusal. Call agent for details.
(Current monthly rental income from Cell Tower is $1,126.00.)

Property Taxes: $2,455.00
Property Insurance: $2,288.00

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: JP-6787229
Zoning: C2
Highway Access: Airline Dr. (US Hwy 61)
Airports: New Orleans-Metairie
Site Description: Including the Cell Tower, the property is 120' (on Colby St) by 126' (on Lenora St). The Cell Tower has a 20' access (on Colby St) that runs 80' to the Cell Tower area which is 39' by 40'.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1957
Parking Type: Surface
Zoning Description: C2
Lot Frontage: 120'
Lot Depth: 126'
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Cell Tower is on easement.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,457 162,758 341,860
Median Age: 44.16 41.15 39.06
Households: 9,590 72,250 144,496

Contact

Photograph of Listing Agent

Robert K Stevens

The Stevens Group Inc Metairie, LA 70006
LACDB Member
Photograph of Listing Agent

Rob Stevens

The Stevens Group Inc Not a member of LACDB
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