Income Property For Sale

Office for Sale
Also listed as Industrial
Catylist Listing ID: 30377557
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 14,302 SF
Gross Building Area: See Agent
Gross Land Area: 56,000 SF
Sale Price: $899,995
Unit Price: $62.93 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/17/2019

Overview / Comments

Commercial corner with three buildings for sale in Zachary. Improvements consist of:

5041 Hwy. 19 = +/-4,952 SF Office/Retail Building. 1 Tenant/3 year lease, 1 Tenant/5 year lease and 1-Tenant/1 year lease.

4798 St. Louis St = Two Office/Warehouses measuring +/-5,700 SF (Storage for local furniture store-rented) and +/-3,750 SF vacant/asking $3000 per month.

Total land size is approximately 56,000 SF (185x306).

Total current rent/income is $61,000 annually. Owner will sell and lease back for 5 years.

Call agent for more details.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 11
Total Number of Buildings: 3
Number of Stories: 1
Zoning Description: Hwy: Business Park
Lot Frontage: 185
Lot Depth: 306
Legal Description: 5041 LA 19: Lot 6, City of Zachary, Sq. 81, WArd 2, Sectio n3, East Baton Rouge Parish, Louisiana. 4795 St. Louis: Lot W-7, Woodview Subdivision, East Baton Rouge Parish, Louisiana

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,214 15,252 34,190
Median Age: 38.13 35.33 35.47
Households: 1,109 5,307 12,091
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.