9,081 SF Building on 1 acre

Industrial for Sale
Catylist Listing ID: 2097314
Property Subtypes: Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 9,081 SF
Gross Building Area: See Agent
Gross Land Area: 1.04 - 2.08 Acres
Sale Price: $671,995 - 791,995
Unit Price: $74 - 87.21 PSF
Docks/Doors: 1 Door
Office SF: 6,500 SF
Drive In Bays: 1 Bay
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2018

Overview / Comments

This is a 9,081 SF building in a park like setting on a 1.04 acre corner lot. It was the home of an international audio/visual technology company and was built out as design/engineering studio with a fabrication component. The owner outgrew the facility and has relocated to a newly completed state of the art facility also in Covington. The 6500 sf office component of the building has high quality finishes. The 2500 warehouse has an air conditioned assembly area that could easily be demo'd for additional warehouse space. Additionally, there is a 1.04 acre lot adjacent to enable the building to be expanded. On the building lot there is also a fenced in lay down area.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Taxing Authority: City of Covington and St. Tammany Parish
Property Located Between: Hwy 25 and Airport Road.
Highway Access: Hwy 25
Site Description: Located in the Covington Industrial Park which is located on Hwy 25 one mile north of the Hwy 190 and Hwy 25 Intersection.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Asphalt
X-Phase: 3 phase 400/208
Heat Type: Electricity
Air Conditioning: Package Unit
Lighting: Fluorescent
Zoning Description: M3
Lot Frontage: 200
Lot Depth: 200
Water Service: Well
Sewer Type: Septic
Legal Description: Lots 20 and 21 in Covington Industrial Park, Phase I, Section 20, Township 6 South, Range 11 E, Parish of St. Tammany, State of La

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,387 39,551
Median Age: 40.79 39.52
Households: 5,272 15,005
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.