Office / Retail Investment Opportunity in Downtown Covington

Withdrawn Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30022296
Property Subtypes: Office Building
Building Size (RSF): 7,050 SF
Gross Building Area: See Agent
Sale Price: $825,000
Unit Price: $117.02 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 4/24/2017
Last Updated: 4/24/2017

Overview / Comments

This income-producing building is conveniently, and prominently, located near the
intersection of W. 21st Ave & S. Tyler Street. It provides a number of opportunities for an owner occupant, as an investment or a combination of the two.

This 7,050 sf building includes;
Suite A: 1,410 sf; occupied ($2,000 per month gross)
Suite B: 2,420 sf; vacant and built-out
Suite C: 3,220 sf; vacant suite in shell form

Suites B and C are available for lease.

Additional Details

Nearest MSA: New Orleans-Metairie
County: St. Tammany

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,842 23,169 56,383
Median Age: 37.46 39.25 39.84
Households: 1,629 9,195 21,467


Photograph of Listing Agent

Austin Lavin

Corporate Realty - Main Office New Orleans, LA 70170-0000
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