Industrial Redevelopment Fronting I-20 3831 Greenwood Rd 6,000 SF 100% Leased Industrial Building Shreveport, LA 71109 $135,000 ($22.50/SF)

KW Commercial is pleased to offer for sale 3831 Greenwood Road, an industrial redevelopment on a large lot with I-20 frontage/visibility. Previously used as a muffler and brake repair shop, the building has been vacant for an extended period of time.
Although the structural members are in good shape, as well as most of the sheet metal on the exterior and on the roof are in decent-to-good shape, the interior of the building requires a complete renovation. Previously requiring a large office/showroom for the business, a new owner could easily downsize this area to increase warehouse space, if needed.
The listing price is broken down into two parts, the Greenwood warehouse/land and the excess land behind the building to I-20. The 6,000 SF building and approximately 1.0 acres surrounding the building are priced at $15.00/SF on the building, or $90,000. This is a very attractive price point for an industrial redevelopment with an acre of land for outside storage.
The +/-0.65 acres of undeveloped, excess land with I-20 visibility is priced at $45,000, or approximately $1.60/SF. The $/SF is extremely competitive for land with I-20 visibility. After clearing scrub brush from the property line, a new owner or tenant would receive significant marketing value from the drive by traffic on I-20.
For additional information, or to schedule a tour, please contact the listing agent...