Office/Warehouse Space in the Metairie Business District

Industrial for Sale
Catylist Listing ID: 30817950
Property Subtypes: Flex Space, Mixed Use, Warehouse/Distribution
Building Size (RSF): 7,160 SF
Gross Land Area: 6,000 SF
Sale Price: $1,025,000
Unit Price: $143.16 PSF
Docks/Doors: 1 Door
Office SF: 5,800 SF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2022

Overview / Comments

Two-story office/warehouse is centrally located in Metairie, just one and-a-half blocks from North Causeway Blvd and four blocks from Veterans Memorial Blvd. The property contains approximately 5,800 sf of office space, 500 sf of warehouse, and 860 sf of workshop space. The space has a large classroom, a conference room, offices, and reception area. This building was constructed in the 1970s and features a brick façade. Building is in overall good condition and can accommodate 10-12 parking spots. Furniture may be available to purchase for additional price upon request. The building is located in an opportunity zone.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 40892
Zoning: GO-1
Airports: MSY
Area Description: This is a standalone property in a convenient location that provides easy access to Metairie, the Northshore, and New Orleans via a rapid connection to I-10. In the heart of the Metairie Central Business District, it is surrounded by office towers and some of the region’s best performing retail. Within a one-mile radius there is a daytime population of 31,423.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,580 SF
Year Built: 1970
Parking Type: Surface
Parking Description: Surface lot immediately outside of building which can accommodate 6-8 cars. More parking could be made available in the warehouse space.
Total Parking Spaces: 12
Zoning Description: The purpose of the General Offices (GO-1) District is to create an environment suited to a group of professional, general administrative, and general sales offices, together with certain commercial uses that primarily to serve employees in the district. Permitted uses include, but are not limited to, general and professional offices; laboratories; retail and service facilities; data processing centers; and medical, dental, or chiropractic establishments.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,237 132,623 314,039
Median Age: 38.95 40.56 39.06
Households: 10,607 59,177 133,098

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