438 Iris Ave 3,906 SF Industrial Building New Orleans, LA 70121 $714,024 CAD ($182.80 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Offers direct access to Jefferson Highway

EXECUTIVE SUMMARY

Attention Buyers!! Sellers current mortgage is at 5.25% and assumable for qualified buyers! The building is conveniently located and accessible from all major traffic arteries in the area. It is situated on 5,175 square feet of land on Iris Avenue in Jefferson, LA with 45 feet frontage along Iris Avenue and a depth of 115 feet. This steel frame/ cinder block building is 3,906 sq ft with 330 sq ft of finished/air conditioned space with office area, one bathroom and a break room. The warehouse has a concrete floor, one grade level 10’ x 10’ overhead door, another half bathroom and 14/16 ft ceiling height. This building would be great for any contractor but has been used as a metal shop most recently. It is zoned M-1 Industrial and Flood Zone X500.

PROPERTY FACTS

Price $714,024 CAD
Price Per SF $182.80 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.12 AC
Rentable Building Area 3,906 SF
No. Stories 1
Year Built 1975
Tenancy Single
Parking Ratio 1.02/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 1

AMENITIES

  • Signage

PROPERTY TAXES

ZONING

Zoning Code M1 (Light Industrial)
  • Listing ID: 35268189

  • Date on Market: 2024-10-07

  • Last Updated:

  • Address: 438 Iris Ave, New Orleans, LA 70121