Urban Industrial Site for Sale

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30753439
Property Subtypes: Manufacturing, Light Industrial, Warehouse/Distribution
Status: Pending/Contingent
Building Status: Proposed
Building Size (RSF): 8,950 SF
Gross Building Area: See Agent
Gross Land Area: 19,543 SF
Sale Price: $625,000
Unit Price: $69.83 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/26/2022

Overview / Comments

This 19,543 sf site is located two blocks off St.​ Claude Avenue at the corner of Montegut and Urquhart Streets.​ The site is improved with an 8,950 sf industrial building that can be remodeled for your needs.​ The site also includes an approximately 6,500 sf yard facing the train tracks and twelve parking spaces.​

This is a redevelopment opportunity to create a light manufacturing workspace or a distribution center with easy access to I-10, I-610, and other major transportation corridors.​

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41186206
Zoning: LI
Property Located Between: Urquhart and Marais streets
Highway Access: I-10 via Elysian Fields, N Claiborne
Rail Access: Yes
Site Description: The approximately 6,500 sf yard opens up onto train tracks that run along Press St.
Area Description: Light industrial area with warehouses, light manufacturing facilities, and studios.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,950 SF
Property Condition: Good
Construction/Siding: Brick
Exterior Description: Brick structure.
Parking Type: Surface
Parking Description: 12 spaces at building.
Total Parking Spaces: 12
Interior Description: Can be remodeled to fit your needs.
Zoning Description: LI – Light Industrial. This zoning is intended to provide for a wide variety of light manufacturing, fabricating, processing, wholesale distributing and warehouse uses appropriately located near or adjacent to major thoroughfares or railroads for access.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,406 142,210 356,637
Median Age: 38.13 37.26 35.67
Households: 10,813 61,261 148,228


Photograph of Listing Agent

Austin Lavin, CCIM

Corporate Realty - Main Office New Orleans, LA 70170-0000
LACDB Member
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