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$369,000
Est. payment /mo
1,841 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,841 sqft
Price per Sqft $200
MLS Listing ID 2567205
HOA Y/N No
Year Built 1970
Lot Size 4.580 Acres
Acres 4.58
Property Description
A rare combination of existing rental income, strategic redevelopment potential, and a legally described Mississippi River batture creates one of the most compelling commercial opportunities in St. Bernard. This approximately 4.58± acre property—including a 3.43± acre batture tract—currently generates $40,560 annually in gross rental income from three leased rental dwellings. The existing improvements provide holding income while preserving the property's long-term value as a strategic commercial land acquisition.
The property is improved with five buildings, including three income-producing rental dwellings and two additional buildings offering renovation, redevelopment, or additional income potential. Complementing the improved acreage is an exceptionally rare legally described batture tract extending to the Mississippi River. Whether your vision includes commercial or industrial redevelopment, expanding an existing operation, establishing a contractor yard, industrial, logistics, marine-related, commercial, or owner-user operation, or securing a long-term investment, this property offers exceptional flexibility and multiple avenues for value creation.
Strategically positioned in the heart of Chalmette, the property is poised to benefit from the $1.8+ billion Louisiana International Terminal and continued investment throughout the Lower Mississippi River industrial corridor. Convenient access to New Orleans, major transportation routes, rail infrastructure, the Port of New Orleans, and regional employers further strengthens its long-term investment appeal.
Properties combining existing income, strategic redevelopment potential, substantial land holdings, and a legally described Mississippi River batture tract are exceptionally rare. Buyer to verify zoning, permitted uses, leases, measurements, acreage, flood zone, batture tract, title matters, and all information through their own due diligence.
The property is improved with five buildings, including three income-producing rental dwellings and two additional buildings offering renovation, redevelopment, or additional income potential. Complementing the improved acreage is an exceptionally rare legally described batture tract extending to the Mississippi River. Whether your vision includes commercial or industrial redevelopment, expanding an existing operation, establishing a contractor yard, industrial, logistics, marine-related, commercial, or owner-user operation, or securing a long-term investment, this property offers exceptional flexibility and multiple avenues for value creation.
Strategically positioned in the heart of Chalmette, the property is poised to benefit from the $1.8+ billion Louisiana International Terminal and continued investment throughout the Lower Mississippi River industrial corridor. Convenient access to New Orleans, major transportation routes, rail infrastructure, the Port of New Orleans, and regional employers further strengthens its long-term investment appeal.
Properties combining existing income, strategic redevelopment potential, substantial land holdings, and a legally described Mississippi River batture tract are exceptionally rare. Buyer to verify zoning, permitted uses, leases, measurements, acreage, flood zone, batture tract, title matters, and all information through their own due diligence.
Location
State LA
County St. Bernard
Community Common Grounds/Area
Zoning I-1
Interior
Fireplace No
Exterior
Parking Features Off Street, Parking Lot, Three or more Spaces
Community Features Common Grounds/Area
Water Access Desc Public
Building
Lot Description 1 to 5 Acres, City Lot, Levee
Dwelling Type Industrial,Mixed Use,None
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Living Quarters
Others
Tax ID 439900001225
Special Listing Condition None
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Listed by United Real Estate Partners LLC
NEARBY SCHOOL & BUSINESS
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