Address
9200 Wallace Lake Road, Shreveport, LA
Price
$ 1,549,800
Property Attributes
- MLS#20610643
- TypeCommercial
- CountyCADDO
- CityShreveport
- NeighborhoodPippin
- Zip71106
- StyleBusiness
- Price$ 1,549,800
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.045 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Two buildings - 9200 Wallace Lake (Salon) and 9210 Wallace Lake (Retail with tenant). Three bedroom, two bathroom apartment on the second floor of Salon that could easily be leased out as well. Great lease income from the salon and apartment but there is also a lease with Lamar for the billboard on the property. Three times a year a small part of the parking lot is leased out for fireworks or Christmas tree sales. 5 year lease on Salon (NNN) with a cap rate of over 10%. Possible 5 year lease on retail building (NNN) with a cap rate of over 10%. Outstanding location and investment opportunity.
| Price History | |
|---|---|
| 5/7/2024 | Listed $1,549,800 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | City Sewer,City Water |
| Ceiling Height | 8 to10 Feet |
| Possession | Closing/Funding |
| Roof | Metal |
| Year Built | 2013 |
| Tenant Pays | All Utilities |
| Business Type | Barber/Beauty |
| Building Use | Beauty/Barber |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Business |
| Subdivision Name | Pippin |
| Zoning Description | C-3 |
| Occupant Type | Tenant |
| County | Caddo |
| Property Type | Commercial Sale |
| Construction Materials | Brick,Siding |
| Year Built Details | Preowned |
| Status | Active |
| Directions | From Bert Kouns...Turn on Wallace Lake. On your right. |
| City | Shreveport |
| Buyer Agent Compensation | 2.5 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20610643 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Concrete,Simulated Wood |
|---|---|
| Total Stories | 2 |
| Total Units | 2 |
| SQFT Gross | 11205 |
| Lock Box Type | Other |
Exterior Features
| Lot Size Source | Assessor |
|---|---|
| Parking Features | Shared Driveway |
| Lot Size | 1 to < 3 Acres |
| Foundation | Slab |
| Lot Size Area | 1.0450 |
| Lot Size Units | Acres |
| Building Area Total | 11205.00 |
| Lot Size Square Feet | 45520.2000 |
| Lot Size Acres | 1.0450 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 71106
Price
Visits
Year Built
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