N Causeway Automotive Shop and Business

Office for Sale
Catylist Listing ID: 30473258
Property Subtypes: Mixed Use, Other
Building Size (RSF): 8,252 SF
Gross Land Area: 13,000 SF
Sale Price: $1,000,000
Unit Price: $121.18 PSF
Property Use Type: Vacant/Owner-User
Building Name: A & G Transmission and Direct Tire Town
Class of Space: Class D
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2019

Overview / Comments

Long standing automotive shop in business many, many years. The business is for sale separate and apart from the real estate. Concrete block structure situated on high visibility site between 49th Street and W. Metairie Avenue. Building has about 8 bays, each user has three work bays and one office support bay. There is a fully floored storage area above the transmission shop. The owner is the operator of the transmission business. There is a tenant in the tire business (with a lease) located on site. In addition to the shop, owner also owns house on the end of the site facing W. Metairie Avenue (Zoned GO). The home is also leased to a third party. Outdoor sign located on site as well that generates about $375/month in revenue. It appears the sign company operates on a month to month basis.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 43331
Zoning: GENERAL OFFICE AND C-1 (LEGAL NON CONFORMING)
Property Located Between: 49th and W. Metairie
Property Visibility: Excellent
Highway Access: Airline is two blocks south of this site, I-10 is to the north.
Airports: MSY
Site Description: Rectangular site with long axis facing service road to N. Causeway Blvd.
Area Description: Neighborhood commercial with residential located behind the commercial front. At this juncture, N. Causeway is highly trafficked but ingress and egress to the site is easy.
Total Number of Buildings: 2
Number of Stories: 1
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Simple painted concrete block. Ownership does a good job maintaining this property. Work areas are clean.
Parking Type: Surface
Parking Description: Apron driveway to the building. Please refer to Google Earth and pictures attached.
Interior Description: Generic
Zoning Description: The uses for this site probably predate current Jefferson Parish zoning regulations. Corner house on W. Metairie is G-O (general office). Remainder of the property is C-1.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,437 170,707 354,626
Median Age: 40.64 39.6 39.12
Households: 10,756 75,446 152,561

Contact

Photograph of Listing Agent

Mark B Herman

Mark Herman R.E. LLC. New Orleans, LA 70119
LACDB Member
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