Large, Versatile Multi-Use LaPlace Building

Office for Sale
Also listed as Retail-Commercial, Special Purpose
Catylist Listing ID: 30331826
Property Subtypes: Mixed Use, Flex Space, Net Leased, Office Building, Other
Building Size (RSF): 32,241 SF
Gross Building Area: See Agent
Gross Land Area: 63,000 SF
Sale Price: $2,250,000
Unit Price: $69.79 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/17/2018

Overview / Comments

Located on Airline Highway in LaPlace, this former furniture store was converted to a versatile, multi-use 32,241 s/f building in 2013. The building includes a 3,064 s/f office, 11,858 s/f event venue with full commercial kitchen, a 9,677 s/f funeral home, a 6,300 s/f warehouse, and other adjunct space.

Terrific visibility on highly trafficked Airline Highway and across from a new Oschner Emergency facility. With a location in the core of the LaPlace commercial corridor, this property has easy access to I-10 and is approximately equidistant from New Orleans and Baton Rouge.

Priced to sell for immediate re-use or cash-flow investment. Truly a one-of-a-kind property. Turn-key condition, there's nothing else like it in the River Parishes.

Additional Details

Nearest MSA: New Orleans-Metairie
County: St John the Baptist
Submarket/Township: St John the Baptist Parish
Tax ID/APN: 0400033700
Property Visibility: Excellent
Highway Access: Located on Airline Highway, 2.4 miles away from Interstate 10, 4.8 miles to Interstate 55. 32 minutes to New Orleans, 47 minutes to Baton Rouge.
Total Number of Buildings: 1
Year Renovated: 2013
Construction/Siding: Brick/Aluminum Siding, Stucco
Exterior Description: CONSTRUCTION TYPE: IBC, Type III-B
Parking Type: Surface
Total Parking Spaces: 47
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Zoning Description: Zoned C-3. The purpose and function of the Commercial District Three (C3), is to promote, provide for, and protect certain areas for businesses and services that require accessibility to highways to successfully function. More detail can be found on the St. John the Baptist Parish Planning and Zoning website.
Lot Frontage: 239
Lot Depth: 243
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Section 19, T11S, RTE, East of the Mississippi River, and forming part of the lower portion of Tract "E" of New Era Plantation Subdivision

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,577 34,593 39,791
Median Age: 34.77 34.72 35.71
Households: 2,614 11,843 13,765

Contact

Photograph of Listing Agent

Charles M Mullin

RE/MAX Commercial Brokers Inc Metairie, LA 70002
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.