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$650,000
14 Days On Site

4060 HIGHWAY 59 Highway
Mandeville, LA 70471

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
2,475
SqFt
$263
/SqFt
1980
Built
Subdivision:
Not a Subdivision
County:
St Tammany

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4060 HIGHWAY 59 Highway4060 HIGHWAY 59 Highway4060 HIGHWAY 59 Highway4060 HIGHWAY 59 Highway
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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 significantly 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 must have proof of funds to be considered. 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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Listing Snapshot
Price 
$650,000
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,475 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.7 Acres
Year Built 
1980
MLS® Number 
2523876
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.7
Cross Street 
Highway 59 & Campbell Ave
Levels 
One
Parking 
Off Street
Sewer 
Septic Tank
SqFt Total 
6000
Water Source 
Public
Zoning 
HC-2
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Exterior Features
Construction Details 
Metal Siding
Listing courtesy of LATTER & BLUM (LATT15)

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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