Mixed-Use Warehouse with Retail
223 Northwest Central Avenue Amite, LA 70422
223 Northwest Central Avenue, Amite, LA, 70422
$450,000
For Sale
$450,000
Warehouse space with retail frontage plus offices, storage, and additional metal workshop and pole storage structures on an improved site.
Property Size8,702 SF
Lot Size0.90 Acres
Price / SF$51.71
Days on Market244
Property Features for 223 Northwest Central Avenue
General Information
- Standard status
- Active
- Size
- 8,702 SF
- Lot size
- 0.90 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing agency
K Company Realty
(985) 517-6311
Listed by
Kimberly Doughty
(985) 517-6311
Source
Nolalivingrealty
Added: Nov 19, 2025 Updated: Jul 20 at 3:41AM Checked: Jul 20 at 3:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of K Company Realty
Investment Insights
Based on property information with market context.
This mixed-use commercial facility for sale includes a substantial warehouse connected to retail frontage, providing a combined layout that supports both customer-facing and back-end operations. Inside, the building includes multiple offices, dedicated storage rooms, a kitchen, and half baths, all tied together by a hallway system that connects the retail, office, warehouse, and workshop areas.
The property is set on a developed site with concrete drives and parking areas, along with exterior lighting. Additional improvements include two metal workshops totaling 2,880 sq. ft. and several open pole storage structures totaling approximately 1,906 sq. ft., supporting expanded storage and operational flexibility.
Overall, the facility is organized to accommodate distinct functional areas within one property, combining warehouse, retail frontage, office space, and workshop-style support on a single campus.
The property is set on a developed site with concrete drives and parking areas, along with exterior lighting. Additional improvements include two metal workshops totaling 2,880 sq. ft. and several open pole storage structures totaling approximately 1,906 sq. ft., supporting expanded storage and operational flexibility.
Overall, the facility is organized to accommodate distinct functional areas within one property, combining warehouse, retail frontage, office space, and workshop-style support on a single campus.
Key Highlights
- 8,702 SF total gross building area on a 39,014± SF site (built in 1988).
- 5,561 SF warehouse connected to 3,141 SF retail frontage for customer access and back‑end functionality.
- Interior includes multiple offices, storage rooms, kitchen, and half baths connected by a hallway system across retail, office, warehouse, and workshop areas.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.4k | $6.60 |
| − Vacancy | −$4.9k | −$0.56 |
| EGI | $52.6k | $6.04 |
| − OpEx | −$15.8k | −$1.81 |
| NOI | $36.8k | $4.23 |
8,702 SF · lease $6.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.45M
NOI $87,259 @ 7.0% cap · market cap 19.39%
Second Best
Flex RnD
$760.2K
$665.2K – $886.9K
NOI $53,214 @ 7.0% cap · market cap 11.83%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $167,919 @ 7.0% cap · market cap 37.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Warehouse space with retail frontage plus offices, storage, and additional metal workshop and pole storage structures on an improved site.
Where is this flex space located?
The property is located at 223 Northwest Central Avenue Amite, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 8,702 SF total gross building area on a 39,014± SF site (built in 1988).; 5,561 SF warehouse connected to 3,141 SF retail frontage for customer access and back‑end functionality.; Interior includes multiple offices, storage rooms, kitchen, and half baths connected by a hallway system across retail, office, warehouse, and workshop areas.
