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Four-Story Office Building in Louisiana
For Sale
$2,250,000

1201 Brashear Ave, Morgan City, LA 70380

62,640 SF office building on 4.568 acres for sale.

Property Size62,640 SF
Lot Size4.57 Acres
Price / SF$35.92
Days on Market1227

Property Features for 1201 Brashear Ave

General Information

Standard status Active
Size 62,640 SF
Total Parking Spaces 253
Lot size 4.57 Acres
Property subtype Office
Zoning B-2, GENERAL BUSINESS

Amenities

Water
Sewer
253 Parking Spaces
Listing Agency: Beau Box Commercial Real Estate
Listed By: Cade Bogan · License #0995693088
Source: Lacdb.resimplifi
Added: Jun 14, 2023 Changed: Oct 13 Last Checked: Oct 20 at 5:07PM

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 Beau Box Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

The property at 1201 Brashear Avenue in Morgan City, Louisiana, is a four-story building available for sale. The building encompasses a total of 62,640 square feet and is situated on approximately 4.568 acres, consisting of two parcels of land. It is located at the corner of Brashear Avenue and Victor II Boulevard, positioned just north of Highway 90. Morgan City is located on the bank of the Atchafalaya River, 68 miles southeast of Lafayette, 64 miles south of Baton Rouge, and 86 miles west of New Orleans.

Key Highlights

  • Large 62,640 square foot building.
  • Approximately 4.568 acres of land.
  • Strategic corner location at Brashear Avenue and Victor II Boulevard, near Highway 90.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Twin Brothers Marine Factory Bayouland Realty Inc Real Estate Agency New York Life ... Insurance Agency American Kie Steel ... Auto Parts Store Kie Commodities & Finance Loan Service

Suggested Use

Top Pick Real Estate Agency Building Supply Gym & Fitness Center Storage Facility Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

926
Businesses Nearby

Demographics for 70380, LA

21,079
Population
9,739
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
77%
High-School Grad
77.7 sq mi
ZIP Area
271
Density / Sq Mi
$54,504
Median Household Income
$40,731
Median Earnings
$876
Median Rent
$138,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - 62,640 SF office building on 4.568 acres for sale.
Where is this office building located?
The property is located at 1201 Brashear Ave Morgan City, LA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Large 62,640 square foot building.; Approximately 4.568 acres of land.; Strategic corner location at Brashear Avenue and Victor II Boulevard, near Highway 90.
More about this property
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