A light-weight industrial property at present occupied by Central Metropolis Millworks is available on the market for $1,989,000, as the corporate’s proprietor appears to consolidate his actual property portfolio.

Central Metropolis Millworks proprietor Clint Nunez owns different properties within the higher New Orleans space and will relocate the enterprise if the location is offered, in accordance with itemizing agent Pat Browne III, producer with The McEnery Firm. Browne mentioned Nunez additionally would think about a sale-leaseback, permitting a purchaser to amass the property and lease it again to Central Metropolis Millworks.

Central Metropolis Millworks has been on the location since 2006.

“The proprietor is consolidating his actual property portfolio, and he has different places the place the enterprise may function if this property sells,” Browne mentioned. “We’re proud to carry this property to the market as a result of it serves a distinct segment industrial and industrial want on this a part of town. There simply isn’t very like this accessible within the Central Metropolis space, particularly with this quantity of land, constructing space and entry.”

Browne is co-listing the property with Leo Lalla, proprietor and dealer of Lalla Actual Property LLC.

The property contains 2610 Second St. and 2605-09 Third St. in New Orleans and provides almost 25,000 sq. ft of commercial area on roughly 0.72 acres. It’s positioned within the Historic City Neighborhood Blended-Use District and has frontage alongside Second Avenue, Third Avenue and South Robertson Avenue.

Browne mentioned the location may attraction to owner-occupants or buyers due to its current industrial infrastructure, workplace element, yard area and potential for a number of makes use of. “It’s a really distinctive property to have this a lot crucial mass in such a densely populated a part of New Orleans, and it might serve plenty of completely different market members with area for millwork operations, warehouse and storage areas, and properly appointed workplace area,” Browne mentioned.

The property contains three interconnected warehouse buildings totaling 24,953 sq. ft, together with roughly 2,280 sq. ft of completed workplace area with non-public workplaces, open work areas, a convention room, breakroom, storage areas and a number of restrooms. “You’re speaking about almost three-quarters of an acre, a number of interconnected buildings, and entry from three separate streets, which provides the following proprietor plenty of flexibility,” Browne mentioned.

The first warehouse options heights of 12½ ft, roll-up door entry and a safe central concrete yard accessible by way of a rolling gate on Third Avenue. The property additionally contains specialised air flow and dust-capture infrastructure used for millwork operations, in addition to roughly 7,000 sq. ft of mezzanine storage not included within the gross constructing space.

Browne mentioned the Central Metropolis Millworks property has already drawn curiosity from each potential owner-occupants and buyers.

“One of many strongest promoting factors is how rapidly you may get anyplace within the metropolis from this location,” Browne mentioned. “With proximity to Claiborne, Earhart and the interstate, the property can serve not simply the fast neighborhood, however the wider Larger New Orleans regional market.”

Browne and Lalla are additionally advertising Nunez’s property at 1230-1240 S. Broad St. for $2,095,000. That property features a one-story, 9,487-square-foot industrial constructing on a 21,120-square-foot lot alongside South Broad Avenue. The positioning is zoned C-1 and contains workplace area, space for storing, yard space and frontage alongside one of many metropolis’s established industrial corridors.

One other close by Nunez-owned property, a seven-unit multifamily constructing at 2601-03 Third St., is listed for $699,000. The property contains roughly 4,000 sq. ft of enhancements on a 2,790-square-foot nook lot with frontage alongside Third Avenue and South Robertson Avenue.