Mixed Use Redevelopment
Retail-Commercial
for Sale
Also listed as Office, Vacant Land
| Catylist Listing ID: |
30819057 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
|
| Building Size (RSF): |
48,899 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
192,500 SF
|
| Sale Price: |
$3,500,000 |
| Unit Price: |
$71.58 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Moran Printing |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/15/2023 |
Overview / Comments
FIRST TIME ON THE MARKET!
Moran Printing has acquired each of these parcels over the years and is now offering the entire site for sale. They're moving their operations across town to Highland Rd. This site includes over 50,000 SF of improvements on 4.42 acres. The main office/light manufacturing facility that has housed their printing business since the early 90s has 48,899 SF of gross building area. A new roof was installed 15 years ago and all of the HVAC systems has been routinely serviced under a maintenance contract with Star Service. Included in the sale is a smaller +/- 2700 SF free-standing building at 5521 Florida Blvd. The entire site has 770' of frontage on Florida Blvd and is not in a flood zone. This property is subject to the Florida Blvd Overlay District. Please see the Attachments section of this listing for the overlay district details.
Owner will also consider a lease with a qualified tenant.
|
Additional Details
| Nearest MSA: |
Baton Rouge |
| County: |
East Baton Rouge |
| Submarket/Township: |
60 |
| Tax ID/APN: |
007-4629-0 |
| Zoning: |
C1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,665 |
102,481 |
224,832 |
| Median Age: |
32.99 |
34.42 |
33.79 |
| Households: |
6,417 |
42,294 |
91,319 |
|
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