Well Maintained Medical Building Price Reduction

Office for Sale
Sale Pending
Catylist Listing ID: 30353873
Property Subtypes: Medical
Status: Pending
Building Size (RSF): 3,322 SF
Gross Building Area: 4,000 SF
Gross Land Area: 9,600 SF
Sale Price: $650,000
Unit Price: $195.67 PSF
Property Use Type: Investment
Class of Space: Class B
Usable Size (USF): 3,322 SF
Sale Terms: Cash to Seller
Last Updated: 3/18/2019

Overview / Comments

Well Maintained Metairie Office Building. Approx. 14 Office/ Exam Rooms, 2 Waiting Rooms, Large Administration Area, Kitchenette, and 3 Baths (1 with shower).

Approx. $162.50 per sq. ft. based on 4,000 total sq. ft.

Large Lot: Approx. 80' x 120'

9 Off-Street Parking Spaces in front, 2-car garage in rear and possible parking behind garage.

Flood Zone: AE. 3 HVAC systems. 2 Electric meters.

Building: approx. 3,322 sq. ft.

Total Building: approx. 4,000 sf under roof (approx. 231 sf in 1st waiting room and approx. 447 sf enclosed 2-car garage do not have HVAC).

Strategic Location: Approx. 1 1/2 blocks from Veterans Blvd. Close to East Jefferson Hospital.

Bounded by Waverley, Kingman, and Elderade.

Age: Approx. 40 years. Ceiling Height: Approx. 7' 10".

Building Exterior: Brick. Enclosed Garage: Frame. Quality ceramic tile floors in the two waiting rooms; carpet in hallways and some offices, vinyl tile in bathrooms. Front waiting room has glass walls.

Go-1 zoning allows several different permitted uses.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: JP-45495
Zoning: GO-1
Property Located Between: Waverley St., Kingman and Elderade
Property Visibility: Good
Site Description: Approx. 1 1/2 blocks from Veterans Blvd. Near Clearview Pkwy. in Metairie. Close to East Jefferson Hospital.
Area Description: Located approximately one and a half blocks from Veterans Blvd.; close to East Jefferson Hospital.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1978
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 11
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Zoning Description: GO-1
Lot Frontage: 80'
Lot Depth: 120'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,861 146,989 305,911
Median Age: 37.47 42.01 39.19
Households: 12,280 63,321 128,473


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.