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9200 Wallace Lake Road Shreveport, LA $ 1,549,800
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$ 1,549,800 Get more info
9200 Wallace Lake Road
$ 1,549,800
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9200 Wallace Lake Road

Shreveport, LA, 71106
$ 1,549,800
Baths0.0

Monthly Estimate*

$ 10,300

9200 Wallace Lake Road, Shreveport, LA 71106 - Image 1
9200 Wallace Lake Road, Shreveport, LA 71106 - Image 2
9200 Wallace Lake Road, Shreveport, LA 71106 - Image 3
9200 Wallace Lake Road, Shreveport, LA 71106 - Image 4
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Studio

Commercial Property for sale in Shreveport, LA

for $1,549,800. This building was built in 2013 on a lot size of 1.045.

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.

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Commercial Active

Price

$ 1,549,800

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

1.045

Year Built

2013

Town/City

Shreveport

County/Region

Caddo

MLS | Web ID

20610643
Features
General
Heating Central
Cooling Central Air
Utilities City Sewer City Water
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Metal
Year Built 2013
Business Type Barber/Beauty
Property SubType Business
Subdivision Name Pippin
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
Street Name Wallace Lake
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Concrete Simulated Wood
Total Stories 2
Total Units 2
Street Suffix Road
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Exterior
Lot Size Source Assessor
Parking Features Shared Driveway
Lot Size 1 to < 3 Acres
Foundation Slab
Building Area Total 11205.00
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Internal Only
Street Number 1 9200
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* Excluded Features
List By
Mike Moore

Listing Agent

Pinnacle Realty Advisors

Broker

Affordability Calculator

$10,300
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,300
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
5/7/2024 $1,549,800 Listed Price

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9200 Wallace Lake Road, Shreveport, LA, 71106 is a Commercial Property for sale at $1,549,800 with a lot size of 1.045. 9200 Wallace Lake Road is a studio with 0.0 baths and was built in 2013. The property's zip code is 71106 which is in Shreveport, LA

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