On the Market: 5 Small-Business Listings
- Feb 22, 2017
On the Market is a monthly department curating the most interesting recent for-sale CRE assets for less than $10 million. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Mallory Bulman.
5707 Magazine St.
Location: New Orleans, La.
Building Size: 1,970 SF
Property Type: Retail
HIghlights: Located in Uptown New Orleans on busy Magazine St.; lot size is 4,320 SF; one story, nearly-100-year-old renovated cottage; parking allows for three cars; the property offers two central A/C units, two window A/C units, one half-bathroom for customers and one full bathroom for employees, production area behind glass window on granite counter, three large retail spaces and two work or stock rooms in addition to a shipping room/office and loading dock; front porch allows for patio furniture.
Contact: Adriana Cowart, Century 21 Commercial, 985-320-7517
305 S. Main St.
Location: Jonesboro, Ark.
Price: $1.5 million
Building Size: 11,522 SF
Property Type: Retail (restaurant)
HIghlights: Main street frontage near downtown entertainment and shopping; Jonesboro, Ark. is a central location boasting easy access to Memphis, Tenn., and Arkansas State University and the ranking of fifth most populous city in the state.
Contact: Kent E. Arnold, Arnold Real Estate Group, 870-932-2600 ext. 19
The Orange Inn
Location: Goshen, N.Y.
Price: $2.6 million
Building Size: 23,431 SF
Property Type: Hospitality with restaurant space
HIghlights: Historic 31-key inn with 220-seat-capacity restaurant; currently operated as long-term stay inn with rents collected monthly; located in Historic District of Goshen, N.Y., near the Orange County Government Center and proposed Legoland Park.
Contact: Peter Malone, Cushman & Wakefield/Pyramid Brokerage Company, 845-787-1381
1423 Powhatan St.
Location: Alexandria, Va.
Building Size: 3,242 SF
Property Type: Office
HIghlights: Lot size of 28,725 SF; new roof and mechanicals; eight off-street reserved parking spaces; close proximity to George Washington Parkway, Routes 1, 495 and 395; located within five minute walk from restaurants, dry cleaners and other amenities; within twenty-minute commuting distance from downtown D.C.
Contact: Brison Rohrbach, McEnearney Commercial, 703-537-3343 ext. 143
Location: Boca Raton, Fla.
Price: $1.5 million
Lot Size: 186,264 SF
Unit Size: 4,389 SF
Property Type: Unit within office building
HIghlights: Office space within larger office complex; floor plan with open area, private offices, conference room, restrooms and kitchen/break room; unit is part of two-building, 65,000-square-foot complex completed in 2008; located within walking distance from local shops, restaurants and Boca Raton Tri-Rail station; minutes to I-95 and Boca Executive Airport.
Contact: Ronen Rubin, Rubin Group Real Estate, 561-208-1194
All images courtesy of brokers listed.