Catylist ID: #30507783
Elmwood Office and Storage Building For Sale
Office for SaleAlso listed as Industrial
|Catylist Listing ID:||30507783|
|Property Subtypes:||Office Building|
|Building Size (RSF):||8,000 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$70 PSF|
|Property Use Type:||Investment|
|Class of Space:||Class C|
|Sale Terms:||Cash to Seller|
Overview / Comments
Located in the first block of Powell Street near the corner of Elmwood Park Blvd; backs up to the AMC Palace Theater parking lot.
8,000 square feet (40’ x 100’) on two floors, configured for use for up to six tenants: four inner-connected office suites up and two office/warehouse suites down, situated on a 12,524 SF lot (62’ x 202’), zoned L-I (light industrial district). Walk up access via front and rear stairs. Construction is steel frame, concrete block and metal walls, brick façade, metal roof. Separately metered for electrical with independent HVAC systems.
Building is presently at 88% occupancy, leased to five tenants. One second floor office suite of 875 SF is vacant available (Suite D). At 100% occupancy, leases will generate in excess of $72,300 annually
Sixteen off-street spaces: four in front and twelve in the paved and fenced rear lot.
Attachments & Media
|Nearest MSA:||New Orleans-Metairie|
|Proximity:||1 mile||3 miles||5 miles|
Keith G HenryMax J Derbes Inc New Orleans, LA 70123-3229
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