Millen Designs

Office for Sale
Catylist Listing ID: 30704402
Property Subtypes: Office Building, Other
Building Size (RSF): 4,406 SF
Gross Land Area: 0.50 Acres
Sale Price: $199,000
Unit Price: $45.17 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Millen Designs
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/4/2021

Overview / Comments

THIS OFFICE PROPERTY PAYS FOR ITSELF! The property consists of two office buildings (2720sf and 1686 sf) on Mansfield Rd near Bert Kouns, just around the corner from WK South. The back building has a long-term tenant that pays $1200/mo. The front building is perfect for an attorney, insurance agent, C.P.A., or doctor's office. It has 6 offices. 4 bathrooms, kitchen, large supply room and can easily be separated into multi-tenant suites for additional rental income.
The front building has a new roof (Oct 2020) and mostly new HVAC units. Great investment purchase for under $200,000!

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 161403000011000
Property Visibility: Excellent
Total Number of Buildings: 2
Number of Stories: 1
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,427 51,421 127,447
Median Age: 37.41 33.82 35.8
Households: 3,713 19,668 51,060

Contact

Photograph of Listing Agent

Jamie Moreland

Lea Hall Properties Shreveport, LA 71101
LACDB Member
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