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615 Westwego Avenue, Westwego, LA 70094

Commercial property for sale

  • Description
  • Approx. 28,420 sq. ft. fully sprinklered warehouse facility which includes approx. 1,860 square feet of office area. Construction is steel frame with concrete block exterior walls, situated on Lot R. 40,000 sf +/- (approx. area of land of Lot R after expropriation). Adjacent grass lot W-1 measuring 48,210 sq. ft. also included in sale. Lot is zoned M1 and is fenced. Semi-dock height loading area with four (4) overhead doors. 13'2" (side), 18'6" (peak) eave height. M-1, Light Industrial. * Rear building wall has been rebuilt as a new metal wall after expropriation of rear portion of building for bridge widening project and new power ventilation fans have been installed in said wall. HVAC in office was replaced in 2009, fence around Lot W-1 replaced in 2010. *Entire building leased through September 30, 2014 to Bishop Lifting Products, Inc. NOI $78,000 + $16,800 cell tower income. Property taxes and property insurance for 2011 were $0.95/sq. ft. or $26,998. Tenant does not have a renewal option in place but has made improvements to the property and plans to extend the lease for five years in 2014. * Rental income of $1,400/month for cell tower lease (part of Lot W-1)which will be renewed June 30, 2012 for five years with two additional five year options available. *Asking $990,000 $34 /sq. ft. (including additional lot W-1) Building price details: $990,000.
  • Property Details
  • Property Type: Industrial
    Use Types: Free-Standing
    Status: Available
    Price: $ 35 +/SF
    Submarket: Other
    MSA: New Orleans-Metairie-Kenner
    Zoning: M-1, Light Industrial
    Buildings: 1
    Tenancy: Single Tenant
    Terms: Cash to Seller
    Added: 06/05/2012
    Last Update: 07/02/2012
  • Contact info
  • 504-733-4555 [Office]
  • Note

  • Details Info about this row that located on 615 Westwego Avenue, Westwego, LA 70094 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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