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31236079
31236087

1990 Florida Ave SW, Denham Springs, LA 70726

DV
LA 0000070595, fe4e9ecb-28f0-4804-9de9-5bab03b45de1
KW Commercial Baton Rouge
Listed by KW Commercial Baton Rouge
$615,000
80 days on market
Updated 38 days ago
Opportunity zone

Retail Building For Sale or Lease

Details
APN 0355123
Property Type Office
Sub Type Traditional Office
Square Footage 5,740
Net Rentable (SqFt) 5,740
Units 3
Occupancy 50%
Tenancy Multi
Price per SqFt $107
Year Built 1985
Year Renovated 2022
Buildings 1
Stories 1
Acreage 0.520
Zoning C-3
Parking Spaces 20 spaces
Parking Per SqFt 3.48
Investment Type Owner/User

Retail Building For Sale or Lease

Marketing description

Investment / Owner-Occupant Opportunity | 1990-1992 Florida Blvd., Denham Springs, LA

Well-positioned 3-unit retail strip center available for sale or lease on highly visible Florida Boulevard in Denham Springs. The property contains approximately 5,740 rentable square feet and offers a compelling opportunity for a tenant, investor and/or owner-occupant.

Units A and B are currently leased to a long-term tenant with combined rental income of $2,900 per month, providing in-place cash flow. Unit C, consisting of approximately 2,800 square feet, was previously owner-occupied and is now vacant and available for lease at $2,800 per month or for immediate occupancy by a new owner or tenant. Unit C was completely remodeled in 2022 and features contemporary finishes, a loading dock, and one 10’ x 10’ overhead door, making it well-suited for a variety of retail, showroom, office, or service-oriented uses.

The property is zoned C-3 and offers a flexible layout with one office buildout and two open floor plan retail spaces. Modified gross lease structure with CAM of $0.75/SF, which includes water, lawn and dumpster service.

Offered at sale at $615,000, this is an excellent opportunity to acquire a multi-tenant retail asset with stable income with upside through lease-up of the vacant suite, and potential for owner-occupancy.

Listing Contacts

DV
LA 0000070595, fe4e9ecb-28f0-4804-9de9-5bab03b45de1
KW Commercial Baton Rouge
Listed by KW Commercial Baton Rouge

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