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This Industrial Property is no longer advertised on LoopNet.com.

321 Magnolia Ave
Boutte, LA 70039
Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Tenant has been at this property for 15 years paying $6,500/ per month(MG) NOI $74,000!! (3 years remaining on current lease, 5 year option)
  • Property is in fantastic condition and has been well maintained over the years.
  • Cash, Hard money or Conventional offers will be entertained
  • Financing is available with PropertyCashin
  • 30 minute drive to the Garden District in New Orleans and 15 minutes from Louis Armstrong New Orleans International Airport.

PROPERTY FACTS

Property Type
Industrial
  • Industrial Warehouse
Building Class B
Lot Size 0.99 AC
Rentable Building Area 12,346 SF
No. Stories 1
Year Built 2004
Tenancy Single
Parking Ratio 1.21/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Zoning C-3

AMENITIES

  • 24 Hour Access
  • Storage Space
  • Air Conditioning

UTILITIES

  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
751103800B-2
Land Assessment
$9,090
Improvements Assessment
$41,220
Total Assessment
$50,310
  • Listing ID: 22088905

  • Date on Market: 1/27/2021

  • Last Updated:

  • Address: 321 Magnolia Ave, Boutte, LA 70039

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