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
|
| Building Size (RSF): |
30,246 SF
|
| 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: |
4/15/2024 |
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.
|
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 |
|
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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