4060 Hwy 59th Hwy, Mandeville, LA 70471

$700,000
2,475
SqFt

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Sold Price
$700,000
List Price
$650,000
Closing Date
Jan 21, 2026
MLS#
2523876
Status
CLOSED
Type
Commercial
Stories
1
Acres
0.70
Living Area
2,475
Parish
St. Tammany

Property Description

Exceptional opportunity to acquire a strategic commercial building in Mandeville featuring 2,475 sq ft of office space integrated with 3,525 sq ft of attached warehouse space. This property boasts 11 dedicated parking spaces, ensuring convenience for tenants and clients alike. Situated with prime road visibility along Highway 59, it offers easy access to I-12, enhancing its appeal for businesses seeking high traffic exposure. A key highlight of this property is the existing ground lease with Take 5 Oil Change (4058 hwy 59), providing a reliable income stream that will convey with the sale. This lease, set to renew in February 2027 and currently significantly under valued, presents a compelling financial advantage, significantly increasing the overall potential of this investment.Property with ground lease is being sold as is. All offers must have proof of funds to be considered. Don’t miss out on this unique opportunity to own a versatile commercial space with an income-generating feature in a bustling location!

Additional Information

Sewer
Septic Tank
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Compass Mandeville. Selling Office: RE/MAX Shoreline.

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