Overview

Description

Well maintained commercial building with 5 year tenant on 1st street in downtown LaSalle. An excellent investment opportunity. This .13A parcel includes a 1,200 sq. ft. steel building with two drive-in 10' door bays, heated and A/C shop, 316 sq. ft. office, 52 sq. ft. mechanical room, and 42 sq. ft. bathroom. Built in 2006, this commercial property is a great opportunity to be a part of LaSalle's downtown resurgence. Two 10' wide by 8' high overhead doors, air compressor, slop sinks, cabinetry all included in the sale. A 5-year lease was executed in January 2023 with increases in year 4 and 5 plus extension option. This parcel can be sold with MLS 11712158 for 1213 Canal St, LaSalle, directly behind this parcel.

Highlights

• Lot Dimension: 50x115
• Annual Tax: 1464.82
• Dock Height: 10'
• Gross Income: 12000.0
• Age: 11-20 Years Old
• Area Description: Historic / Antique
• Cooling: Window A/C
• Lot Size: Under 1/2 Acre
• Road Type: Main Thoroughfare
• Sewer: City
• Water: City Water

---