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
Zoning: BUSINESS PARK
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
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