Retail, Restaurant & Office for Sale, REDUCED! INCOME PRODUCING!

Retail-Commercial for Sale
Catylist Listing ID: 28843198
Property Subtypes: Restaurant, Retail-Pad
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.35 Acres
Sale Price: $880,000
Unit Price: $110 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/9/2017

Overview / Comments

Newly opened Wild Ginger Chinese Restaurant (owner lease back or vacate), great visibility and ample concrete parking. Turnkey restaurant business with property.
Great trafficked location. Building 10 years old, was Old South Seas Restaurant, with 3,000 sq. ft. of office space next to it. Total 8,000 sq. ft. building. 1.35 acres of land. Motivated seller. Cross street West Minister and Sunset Drive. Also for lease 2,000 sq. ft. and 900 sq. ft. separately.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Property Visibility: Good
Highway Access: I-10
Site Description: Section 4, Township 9 South, Range 14 East, St. Tammany Parish, LA
Property Condition: Good
Year Built: 2006
Parking Description: Ample parking.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,151 52,664 79,762
Median Age: 39.29 37.68 38.16
Households: 3,246 19,173 29,415


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