1140-1150 W Causeway Approach, Mandeville, LA 70471

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List Price
$770,000
MLS#
2565642
Status
ACTIVE
Type
Commercial
Stories
2
Living Area
5,542
Parish
St. Tammany
Subdivision
Not a Subdivision

Property Description

INCOME PRODUCING! ONE UPSTAIRS UNIT AND ENTIRE BOTTOM FLOOR LEASED. POSSIBLE SHORT-TERM OWNER FINANCING! 4 UNIT, 2-STORY OFFICE CONDO BUILDING IN PRIME MANDEVILLE LOCATION. APPROX 1 MILE FROM CAUSEWAY IN WESTPOINT OFFICE PARK. FLOOD ZONE "X". GREAT INVESTMENT OPPORTUNITY WITH EXISTING 3-YEAR LEASES. SPACES CONSIST OF MULTIPLE PRIVATE OFFICES, RECEPTION AREAS, KITCHENETTES, RESTROOMS. GREAT SET-UP FOR OWNER TO OCCUPY ONE SECOND FLOOR UNIT AND ENJOY AMPLE RENTAL INCOME FROM THREE LEASED UNITS. INTERIORS ARE ATTRACTIVE AND WELL MAINTAINED. BUILDING IS TWO STORY WITH BALCONIES OFF OF SIDES AND FRONT OF BUILDING. CONDO ASSOC MAINTAINS COMMON AREAS, FEES PAID QUARTERLY. OCCUPIED UNITS SHOWN BY APPOINTMENT ONLY. ONE UPSTAIRS UNIT WILL BE VACANT AND LISTED FOR LEASE AFTER 7/6/26/. EXISTING LEASES WILL BE HONORED AS A CONDITION OF ANY SALE.

Additional Information

Sewer
Public Sewer
Water
Public

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Listing courtesy of Ansel & Allen Real Estate,LLC.

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