Description
Sitting on 1.9 acres of land, this Commercial Building is on the main street with excellent street visibility in a high traffic area. New stucco, roof, and epoxy floors in 2012. Property has 37 units of commercial space with ~94% occupancy rate currently. Total rent collection for 2022 was $412K, so average monthly rent was $34K. The interior lights are now LED. Plenty of parking in the rear of property. A dynamic space with endless potential for multiple types of businesses. Great investment opportunity!
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0BEDS
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1.94ACRES
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0BATHS
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01/2 BATHS
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25,960SQFT
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$103$/SQFT
School Ratings & Info
Description
Sitting on 1.9 acres of land, this Commercial Building is on the main street with excellent street visibility in a high traffic area. New stucco, roof, and epoxy floors in 2012. Property has 37 units of commercial space with ~94% occupancy rate currently. Total rent collection for 2022 was $412K, so average monthly rent was $34K. The interior lights are now LED. Plenty of parking in the rear of property. A dynamic space with endless potential for multiple types of businesses. Great investment opportunity!
Broker and Associates are licensed in the State of Louisiana, USA.
eXp Realty || (504) 513-3109 || New Orleans, LA.
Terms & Conditions
© 2023 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated: 2023-12-07T21:34:46.877.
Listing courtesy of Gulf South Real Estate Information Network.