Catylist ID:
#30833648
Office Building For Sale (I-10 Exposure) - Metairie
Office
for Sale
| Catylist Listing ID: | 30833648 |
| Property Subtypes: | Executive Suites, Office Building |
| Building Size (RSF): | 5,400 SF |
| Sale Price: | $895,000 |
| Unit Price: | $165.74 PSF |
| Property Use Type: | Investment, Business |
| Class of Space: | Class C |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/21/2023 |
Overview / Comments
|
Approx. 5,400 sf Income producing with Owner occupancy potential office building offering Interstate 10 exposure with large exterior electronic reader board for advertising to over 130,000+/- daily vehicles. Zoning is BC-2. Offered by Owner/Broker. Owner financing potential with substantial down for qualified Buyer. One of the few remaining buildings in Metairie offering direct Interstate exposure, hosting The ALCOR Group Real Estate operations & successful Income producing Executive Suites operation on the second floor since 2001 with private Owner’s quarters for extended stay if desired/required. Ground floor office & warehouse (Approx 2,753+/-) will be available for occupancy/Lease September 1, 2023. Floors are separately metered for electricity. In addition to high visibility, this location offers easy access to Metro areas via multiple routes. Louis Armstrong International Airport is located only 10 minutes away as is the New Orleans CBD. Building offers ample parking with additional street parking. This is an Owner/Broker/Agent offering |
Attachments & Media
Additional Details
| Nearest MSA: | New Orleans-Metairie |
| County: | Jefferson |
| Submarket/Township: | Airport-Metairie-Kenner |
| Tax ID/APN: | JP-44696 |
| Zoning: | BC-2 |
| Market Type: | Medium |
| Side of Street: | South |
| Road Type: | Paved |
| Property Visibility: | Excellent |
| Transportation: | Highway, Airport |
| Highway Access: | Located at Clearview Parkway/Interstate 10 intersection in the heart of Metairie. |
| Airports: | Louis Armstrong International (MSY) |
| Area Description: | Area consists of mixed use office, retail and industrial users. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Typical SF / Floor: | 2,700 SF |
| Year Renovated: | 2000 |
| Roof Type: | Flat |
| Construction/Siding: | Block, Brick, Wood Frame |
| Exterior Description: | Well built Owner occupied building with 19 parking spaces and additional street parking. |
| Parking Type: | Surface |
| Parking Description: | Concrete parking lot with 19 parking spaces. |
| Total Parking Spaces: | 19 |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Internet Access: | Cable, DSL, Gigabit |
| Interior Description: | Single tenant ground floor office user with warehouse space and multiple executive office suites on second floor; carpet, vinyl and ceramic tile flooring throughout building. |
| Zoning Description: | BC-2; capable of supporting most office and retail type occupancies. |
| Lot Frontage: | approx 7200 sf |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 32,997 | 155,049 | 310,092 |
| Median Age: | 39.17 | 42.11 | 39.22 |
| Households: | 14,438 | 66,805 | 130,573 |
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