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 |
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 |
|
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