
Listed by Allison Vencil Compass
$650,000
4060 LA-59
Details
APN 1120228389
Property Type Industrial, Office
Sub Type Executive Office, Warehouse
Square Footage 6,000
Occupancy 100%
Tenancy Vacant
Price per SqFt $108
Year Built 1980
Stories 2
Acreage 0.700
Zoning HC-2
Parking Spaces 11 spaces
Parking Per SqFt 1.83
Industrial | 6,000 SqFt
Marketing 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 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 are due on or prior to December 4, 2025. Don’t miss out on this unique opportunity to own a versatile commercial space with an income-generating feature in a bustling location!
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Listed by Allison Vencil Compass
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Zoning
HC-2 CommercialSpecial CommercialHighway Commercial
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