Commercial Building For Sale on Florida Blvd.

Retail-Commercial for Sale
Catylist Listing ID: 30867921
Property Subtypes: Free-Standing Building, Mixed Use, Vehicle Related, Other
Building Size (RSF): 6,253 SF
Gross Building Area: See Agent
Gross Land Area: 35,768 SF
Sale Price: $815,000
Unit Price: $130.34 PSF
Property Use Type: Business
Building Name: MTT More Than Tires
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/28/2024

Overview / Comments

Metal building located on the North side of Florida Street just outside the corporate limits of the City of Mandeville, between Marigny and Lamarque Streets.

The subject building is currently leased to a tire company on a month-to-month basis for $4,600/mo, Gross Lease.

The subject property is improved with a one-story commercial building originally designed for use as medical office space but could be converted for many different uses. Has reinforced slab, steel frame, metal panels and a metal roof resealed two years ago. Great visibility with gravel parking lot measuring approximately 125 x 40 containing approximately twenty-eight (28) parking spaces in front of building. There is also 2,337 sf of concreted surface on the east side and rear of building for additional parking and drive. West side of the yard has a chain link fence on the front, side and rear.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Tax ID/APN: 1120243019
Zoning: HC2
Retail Clientele: General, Business, Other
Property Located Between: Marigny and Lamarque
Property Visibility: Excellent
Largest Nearby Street: Highway 59
Feet of Frontage: 125
Highway Access: Causeway Approach, Hwy 22 & 59 and I-12
Site Description: Excellent visibility with frontage on major roadway, Florida Street. Plenty of parking and fenced area for storage if needed.
Area Description: Stable area with restaurants, small retail, office buildings and warehouses
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,253 SF
Property Condition: Average
Year Built: 1977
Roof Type: Other
Construction/Siding: Metal Siding, Steel Frame, Stucco
Exterior Description: Metal panels, stucco, aluminum framed fixed windows and doors
Parking Type: Surface
Parking Description: Parking in front of building and along side and back of building
Sprinklers: None
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: HC-2, Highway Commercial
Lot Frontage: 125
Lot Depth: 284
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owned
Legal Description: A portion of Square 115 Town of Mandeville, St. Tammany Parish

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,026 33,506 50,656
Median Age: 39.58 39.99 40.68
Households: 2,392 12,402 18,825


Photograph of Listing Agent

Tiffany McMath Hymel

Southern Properties Real Estate, LLC Mandeville, LA 70471
LACDB Member
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