Re-Development Opportunity on Boutte's Main Retail Corridor

Retail-Commercial for Sale
Catylist Listing ID: 30282689
Property Subtypes: Mixed Use
Building Size (RSF): 30,000 SF
Gross Building Area: See Agent
Gross Land Area: 174,240 SF
Sale Price: $2,265,000
Unit Price: $75.50 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/3/2018

Overview / Comments

Please contact the agent for more information about this listing.

Current Tenants

Tenant Business Name Advance Auto Parts
Is Renting? Yes
Lease Expiration 4/2019
Tenant Business Name St. Charles Room Bingo Hall
Is Renting? Yes
Tenant Business Name Anita's Steak Burgers
Is Renting? Yes
Tenant Business Name Sidelines Barbershop
Is Renting? Yes

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Charles
Submarket/Township: St Charles Parish
Tax ID/APN: 751803100E-1
Zoning: C-3
Retail Clientele: General, Family, Business, Other
Property Visibility: Excellent
Largest Nearby Street: US Hwy 90
Feet of Frontage: 316
Traffic/Vehicle Count: 29,079
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1975
Roof Type: Flat
Total Parking Spaces: 250
Parking Type: Surface
Zoning Description: General Commercial: The General Commercial category includes sites for commercial uses that provide a mix of business activities and that serve the community as a whole. These uses provide for comparison shopping and services which are ordinarily obtained on an occasional rather than daily basis. In general, this designation applies to most commercial uses that are permitted in the C-2(General Commercial - Retail) and all of the uses permitted in the C-3 (Highway Commercial) zoning districts.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,051 14,076 37,156
Median Age: 41.09 36.39 37.17
Households: 352 5,045 13,187

Contact

Photograph of Listing Agent

Jeffrey Wolfson

SRSA Commercial Real Estate 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.