$556,000
$656,250
15.3%For more information regarding the value of a property, please contact us for a free consultation.
1000 W COLEMAN AVE Hammond, LA 70403
0.46 Acres Lot
Key Details
Sold Price $556,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Not A Subdivision
MLS Listing ID 2452515
Sold Date 02/28/25
HOA Y/N No
Year Built 1983
Lot Size 0.460 Acres
Acres 0.46
Property Description
100% Leased Investment Property.
Strong Long-Term Tenant in Fastenal.
Fastenal is a U.S.-based company specializing in the distribution of industrial & construction supplies. Founded in 1967, it offers a wide range of products, including fasteners, tools, safety equipment, & inventory management services. Fastenal operates a vast network of stores & has a significant online presence, providing services to various industries such as manufacturing, construction, & maintenance. As of the latest information, Fastenal operates over 3,000 locations worldwide, primarily in the United States, but also in Canada, Mexico, & several other countries. The company emphasizes local service & customer support, aiming to enhance supply chain efficiency for its clients. https://www.fastenal.com/
This renovated 5,000-square-foot warehouse is just outside of downtown Hammond. It has been completely rejuvenated.
2 spacious offices, a conference room, a cozy breakroom & 2 bathrooms. There's an upstairs apartment with a full kitchen & full bathroom with a shower. Outside is a fenced-in +/-9,100 SF stabilized gravel yard, offering additional space for storage or outdoor work. The yard has multiple gates, one in front of the building, & the other two are lined up with the large roll-up doors in the back of the building. 2 bay doors, one 12' * 10' and the other 14' * 12', providing easy access for loading and unloading goods. Whether you're managing inventory or hosting client meetings, this warehouse is equipped to handle it all. Located just outside the downtown area, this warehouse combines convenience with functionality, making it the ideal choice.
Link to CREXI - https://www.crexi.com/properties/1554325/louisiana-prime-warehouse-with-fenced-yard
Link to Louisiana Commercial Database - https://www.commercialexchange.com/listing/6660bcbbfa15c029691037fd
Link to Tangipahoa Parish Economic Development - Endless Opportunities Video - https://vimeo.com/896662278
Location
State LA
County Tangipahoa
Zoning C-2
Interior
Fireplace No
Exterior
Parking Features Off Street, Parking Lot
Water Access Desc Public
Building
Lot Description City Lot, Rectangular Lot
Entry Level One and One Half
Sewer Public Sewer
Water Public
Level or Stories One and One Half
Others
Financing Cash
Special Listing Condition None
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