Historic Downtown Retail Building For Sale
Retail-Commercial
for Sale
Also listed as Office
Catylist Listing ID: |
30437521 |
Property Subtypes: |
Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
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Building Size (RSF): |
30,246 SF
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Sale Price: |
$495,000 |
Unit Price: |
$16.37 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Vacant/Owner-User |
Building Name: |
Goldrings Building |
Usable Size (USF): |
30,246 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/22/2024 |
Overview / Comments
REDUCED -619 Milam Street in downtown Shreveport is for Sale. This former Retail building can be renovated using Historic Tax Credits and the building is in a Federal Opportunity Zone. The building has a large 11,585 sq. ft open 1st floor with a open 2nd Story 5,475 sq. ft. Mezzanine and a large 12,115 sq. ft. finished out basement with several large rooms and an overhead door.
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Additional Details
Nearest MSA: |
Shreveport-Bossier City |
County: |
Caddo |
Tax ID/APN: |
181437118002600 |
Zoning: |
D-1-CBD |
Retail Clientele: |
General, Family, Business, Tourist, Recreation, Convention |
Property Located Between: |
Louisiana and McNeil |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Texas Street |
Feet of Frontage: |
80 |
Highway Access: |
I-20, I-220, I-49 |
Airports: |
Shreveport Regional Airport |
Site Description: |
The buildings on either side of 619 Milam have been historically renovated. |
Area Description: |
Downtown Shreveport remains Shreveport's Central Business District but has now become a residential and retail area. The residents find downtown very walkalbe with lots of activities at Shreveport's Festival area, several entertainment venues including casinos, theaters, restaurants, nightlife and churches. |
Total Number of Buildings: |
1 |
Number of Stories: |
3 |
Typical SF / Floor: |
11,585 SF |
Property Condition: |
Fair |
Year Built: |
1963 |
Roof Type: |
Flat |
Construction/Siding: |
Brick |
Exterior Description: |
Brick and Glass |
Parking Description: |
Street parking |
Passenger Elevators: |
1 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
6,222 |
70,052 |
155,325 |
Median Age: |
42.66 |
34.01 |
34.62 |
Households: |
2,752 |
28,804 |
62,190 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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