Coursey Car Lot

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30136654
Property Subtypes: Free-Standing Building, Garden Center, Parking Facility, Street Retail, Vehicle Related
Building Size (RSF): 4,878 SF
Gross Land Area: 34,717 SF
Sale Price: $535,000
Unit Price: $109.68 PSF
Property Use Type: Vacant/Owner-User
Building Name: Coursey Car Lot
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/6/2020

Overview / Comments

This property was originally constructed as a self serve car wash and later converted to a used car lot. It consist of a two sales offices containing 304 SF, six former wash bays/ mechanical room containing 2,132 SF, a covered canopy containing 2,250 SF, concrete parking surface..
Lot size 0.797 acres with150 feet fronting Coursey Blvd.
It provides excellent street visibility for auto sales or other retail related uses.
Lease price is $2,500 per month, sale price is $535,000.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 43
Tax ID/APN: 1210955
Zoning: C2
Retail Clientele: General
Property Located Between: Stumberg and Legacy Ct.
Property Visibility: Excellent
Largest Nearby Street: Stumberg
Feet of Frontage: 150
Traffic/Vehicle Count: 28,808
Site Description: Concrete parking lot with 150 feet frontage on Coursey Blvd.
Area Description: The property is in the south central section of Baton Rouge. The immediate area is retail in nature. It is very established and well developed.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Fair
Year Built: 1995
Year Renovated: 2015
Construction/Siding: Block
Lot Frontage: 150
Lot Depth: 233
Sewer Type: Municipal
Legal Description: Lot M-1-A-2-A containing .797 acres

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,346 94,974 179,942
Median Age: 39.97 35.98 36.66
Households: 6,797 39,610 73,890


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