Two town homes plus 67 mini-storage units

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30183120
Status: Pending
Building Size (RSF): 14,000 SF
Gross Building Area: See Agent
Gross Land Area: 65,340 SF
Sale Price: $285,000
Unit Price: $20.36 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2018

Overview / Comments

This property consists of two town homes that are currently rented and 66 mini storage units on the rear of the property that are mostly vacant. There is an opportunity here for a buyer to add value and by leasing and managing the mini-storage units. Owner also has an additional 58 mini-storage units, a 1,664 sq. ft. office building and 1,919 sf retail building that is currently leased to a Domino's Pizza approximately 1/2 mile West of this property. Owner is seeking to sell both properties.

Contact agent for additional information.

Current Tenants

Tenant Business Name Contact Agent

Additional Details

Nearest MSA: Baton Rouge
County: EBR
Zoning: C-2 HEAVY COMMERCIAL
Property Located Between: Millerville Road and O'Neal Lane
Property Visibility: Fair
Largest Nearby Street: O'Neal Lane
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Property Condition: Fair
Zoning Description: C-2

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,538 67,219 160,136
Median Age: 36.3 34.38 36.48
Households: 4,178 26,173 63,241

Contact

Photograph of Listing Agent

Will H Adams, IV

Property One Inc Baton Rouge Baton Rouge, LA 70816
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.