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2191 & 2175 Manton Dr, COVINGTON, LA 70433

Commercial property for sale

Added: 02/22/2012
Last Update: 03/26/2012
2191 & 2175 Manton Dr COVINGTON, LA 70433 US
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Description

Excellent income producing investment opportunity in this very well constructed retail, office and warehouse business park. Two existing buildings, one building fronting Ronald Reagan Hwy (Hwy 190 Bypass) 2191 Manton Dr.is occupied by Freedom Fitness (3,102sf) and Bluewater Group of Louisiana(3,178sf). Second building, 2175 Manton Dr. is occupied by DirecTV(7,378sf). PLUS AN ADDITONAL 3.52 ACRES READY FOR DEVELOPMENT. Zoned CR, Regional Commercial, in the city limits of Covington. See attachments for zoning definition. Other investment opportunities are: 1) 3.52 acres in a successful retail/business park ready for development. Priced to sell at $3.00/sf, owner sold one lot at $5.50/sf. LACDB#7836916 2) Purchase 3.52 acres plus 2 existing income producing buildings, 2175 & 2191 Manton Drive for $1,700,000. LACDB#7864547 3) Purchase entire business park. Phase I consist of 4 buildings with a total of 27,079 square feet of exceptionally well appointed offices and open retail space. Current occupancy is 84% and is owner occupied. Phase II consist of 3.52 acres of undeveloped land. $2,700,000. LACDB#7851960 High end build out in all buildings. Building price details: $1,700,000.

Property Details

  • Type: Retail
  • Status: Available
  • Buildings: 1

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