Description
Income producing office duplex for sale on State Bank Drive in Prairieville. Located at the prime intersection of Airline Highway and LA-73, this commercial office building offers an exceptional investment opportunity in Prairieville. The building is divided into two suites, each with distinct features and potential and offers 15 total parking spots with one designated as handicapped. Suite 100 is leased and has been occupied by the same tenant for 15 years, reflecting long-term stability. The tenant is paying approximately $2,200 per month, with a lease that was renewed in February 2024. This suite includes a reception area with a lobby/waiting room, an additional larger waiting area, 4 offices, a training room, a single restroom, and a utility closet with a sink. There is also a small kitchenette in the back office. The offices are carpeted, while the main areas feature durable stained concrete floors. The other half of the building is owner-occupied and will be available immediately upon the act of sale, offering flexibility for the new owner. Previously occupied by a doctor's office prior to the current cyber security company, this suite includes 6 offices, 2 kitchenettes, a single unisex restroom, and an exterior storage closet. There is a server room adjacent to the front office (previously used as a reception area with a window cutout opening into the lobby). The suite features blinds in windows, ceiling fans, a mix of wood laminate & stained concrete floors & carpet in server room. The building is equipped with surveillance cameras & is wired for a portable generator, ensuring security & operational continuity. Recent Updates include Exterior Paint in 2019, Roof & Exterior Doors replaced in 2022, HVAC: Interior unit updated in 2016 & exterior unit in 2018. There is also new LED lighting & updated network wiring. This property is ideal for investors seeking steady rental income with potential for growth or for business owners looking for immediate occupancy.
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0BEDS
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0.28ACRES
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0BATHS
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01/2 BATHS
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3,573SQFT
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$140$/SQFT
School Ratings & Info
Description
Income producing office duplex for sale on State Bank Drive in Prairieville. Located at the prime intersection of Airline Highway and LA-73, this commercial office building offers an exceptional investment opportunity in Prairieville. The building is divided into two suites, each with distinct features and potential and offers 15 total parking spots with one designated as handicapped. Suite 100 is leased and has been occupied by the same tenant for 15 years, reflecting long-term stability. The tenant is paying approximately $2,200 per month, with a lease that was renewed in February 2024. This suite includes a reception area with a lobby/waiting room, an additional larger waiting area, 4 offices, a training room, a single restroom, and a utility closet with a sink. There is also a small kitchenette in the back office. The offices are carpeted, while the main areas feature durable stained concrete floors. The other half of the building is owner-occupied and will be available immediately upon the act of sale, offering flexibility for the new owner. Previously occupied by a doctor's office prior to the current cyber security company, this suite includes 6 offices, 2 kitchenettes, a single unisex restroom, and an exterior storage closet. There is a server room adjacent to the front office (previously used as a reception area with a window cutout opening into the lobby). The suite features blinds in windows, ceiling fans, a mix of wood laminate & stained concrete floors & carpet in server room. The building is equipped with surveillance cameras & is wired for a portable generator, ensuring security & operational continuity. Recent Updates include Exterior Paint in 2019, Roof & Exterior Doors replaced in 2022, HVAC: Interior unit updated in 2016 & exterior unit in 2018. There is also new LED lighting & updated network wiring. This property is ideal for investors seeking steady rental income with potential for growth or for business owners looking for immediate occupancy.
© 2024 Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Deante' Thomas, Realtor | Keller Williams Realty Red Stick Partners. Data last updated: 2024-11-01T23:32:40.98. Licensed in the State of Louisiana, USA. Deante' Thomas, Realtor | Keller Williams Realty Red Stick Partners || 225-726-1783 || Baton Rouge, LA