On the Market: 5 Small-Business Listings for April
This month's listings include a historic mixed-use building with a ground-floor nightclub and restaurant and a large warehouse space in a desirable Fountain Valley, Calif., location.
On the Market is a monthly department curating the most interesting recent for-sale CRE assets for less than $10 million. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Mallory Bulman.
O’Malley House Bed & Breakfast
Location:Â New Orleans
Price: $1.3 million
Building Size: 6,487 SF
Rooms: 22
Price/Room: $58,863.64
Property Type:Â Hotel/motel
HIghlights: Historic bed and breakfast located near the streetcar line with easy access to the French Quarter, the riverfront and CBD; unit mix consists of 11 bedrooms, 10-and-one-half bathrooms, a two-bedroom owners’ suite on the ground floor and a manager’s suite on the third floor; five bathrooms have whirlpool tubs; full kitchen with stainless steel appliances including a gas range oven, wet bar with icemaker and refrigerator and a kitchenette on the third floor; design features include natural cypress woodwork, original pocket doors, picture molding, original hardware, marble mantels on the first floor, carved wood mantels on the second floor, a grand staircase, two first-floor porches and a balcony on the second floor.
Contact:Â Tommy Crane Group, Inc., 504-899-8666
Milestone Row
Location:Â Saint Charles, Ill.
Price: $439,000
Unit Size: 1,509 SF
Price/SF: $290.92
Property Type:Â Office
HIghlights: First-floor office suite; spacious reception area with fireplace and wet bar; conference room; two large offices; ADA restroom; two entrances; access to courtyard; located west of the Fox River in downtown St. Charles within walking distance of restaurants and shops.
Contact: Jace Murray, Murray Properties, Inc., 630-513-0173
Fountain Valley Warehouse
Location:Â Fountain Valley, Calif.
Price: $1.9 million
Building Size:Â 11,560 SF
Price/SF: $168.69
Property Type:Â Industrial
HIghlights:Â Warehouse with 25-foot clear ceiling height; lot size of 25,598 square feet; currently used as a single tenant warehouse with 9,000 square feet of warehouse space and 2,500 square feet of offices, a kitchen and restrooms; 25 parking spaces.
Contact: Lisa Heaney, Coldwell Banker Commercial Real Estate, 949-294-1114
2231 Peggy Lane
Location:Â Garland, Texas
Price: $375,000
Building Size: 3,150 SF
Price/SF: $119.05
Property Type:Â Office
HIghlights:Â Multiple-tenant space with a lot size of 16,474 SF; located across the street from Baylor Medical Center and walking distance from a pharmacy; well-suited for medical, dental, lab, vet or other medical practices; ample parking space onsite; recent improvements include a new HVAC for Suite A and roof repairs.
Contact:Â Art Carillo, TUL Commercial Realty, 214-714-5590
The Doran Building
Location:Â Providence, R.I.
Price: $575,000
Building Size: 74,850Â SF
Price/SF: $7.68
Property Type:Â Retail/restaurant
HIghlights:Â Built in 1907; lot size of 9,262 SF; turnkey restaurant and nightclub; licensed for liquor and food service; fully equipped kitchen, bar, sound system, lighting, fixtures and furnishings; located in heart of the Jewelry/Knowledge District surrounded by residential, education, medical and commercial properties.
Contact:Â Greg Micallef, Olympus Group Real Estate, 401-751-9606 ext. 220
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