Catylist ID: #30367539
215 Columbia, Former Brunner Art Gallery
Office for Sale
|Catylist Listing ID:||30367539|
|Property Subtypes:||Executive Suites, Governmental, High-Tech, Institutional, Medical, Mixed Use, Net Leased, Office Building, Other|
|Building Size (RSF):||8,140 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||6,000 SF|
|Unit Price:||$158.48 PSF|
|Property Use Type:||Investment, Vacant/Owner-User|
|Building Name:||Columbia Co-Working (Former Brunner Gallery)|
|Class of Space:||Class A|
|Sale Terms:||Cash to Seller, Owner Financing|
Overview / Comments
Updated May 3, 2019
Downtown 2 story office building with elevator for sale or lease.
Great opportunity for an owner/user with 50% occupied. Available spaces on both floors or the entire first floor can be made available.
Entire 2nd floor can be 100% leased with existing tenants, and the entire ground floor can be made available for buyer, or other tenants.
Actual Current Income can atleast double if ground floor is leasedback by buyers company, or downstairs could be any professional office or retail user.
History of Income and expenses.
2018 NOI was $67,244 with 50% vacancy.
2018 Expenses - $32,920 annually
Located in the heart of Charming 200+ year old downtown Covington, Louisiana close to Covington Courthouse, Southern Hotel, Restaurants, etc...
Columbia Street is home to many of the city block parties, art fests, and events.
2 private parking spaces available.
Attachments & Media
|Finance Data Year||2019|
|Real Estate Taxes - Annual($)||$17,000 (Annual)|
|Nearest MSA:||New Orleans-Metairie|
|Property Located Between:||Boston and Rutland|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Air Conditioning:||Package Unit|
|Proximity:||1 mile||3 miles||5 miles|
Matthew J OrganOrgan Properties Covington, LA 70433
Bryan D PigeonGARDNER REALTORS Mandeville Covington, LA 70433
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