Building for Sale in Downtown/Central Business District!

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30566956
Property Subtypes: Mixed Use, Flex Space, Office Building
Building Size (RSF): 13,338 SF
Gross Land Area: 0.17 Acres
Sale Price: $449,000
Unit Price: $33.66 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: 218 Texas Street
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2021

Overview / Comments

This building's prime location is in the center of Downtown Shreveport with frontage on Texas Street! It is walking distance to Red River Entertainment District, Shreveport Convention Center, casinos, Festival Plaza, Federal Courts, and Shreveport's largest office buildings. It is located across the street from newly developed apartment buildings, many restaurants and much more! It is also in the downtown opportunity zone and qualifies for federal tax incentives. It is accessible from Texas Street and the rear alley from Market and Spring streets. An elevator, rear loading door, 16' ceiling height on floor one and an open floor plan layout make this desirable location even better with the ability to accommodate a variety of uses including office, retail and much more! Contact Beth King, SIOR at 318-453-6066 or today to set up a showing or get additional information!

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Submarket Type: Central Business District
Tax ID/APN: 181437157005600
Zoning: D-1-CBD
Property Located Between: Texas Street & Travis Street; Market Street & Spring Street
Property Visibility: Excellent
Highway Access: Less than a 2-minute drive to I-20 and I-49.
Airports: Shreveport Downtown Airport
Site Description: Located in the heart of downtown on Texas Street (Main Street") among some of the most prestigious real estate in north Louisiana.
Area Description: Located in an opportunity zone in the Central Business District of Downtown Shreveport.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1900
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: 50' x 150'
Parking Description: overhead door in rear can accommodate inside parking
Freight Elevators: 1
Air Conditioning: Package Unit
Zoning Description: Downtown zoning provides the most expansive zoning which can include bars, restaurants, residential, all facets of commercial.
Lot Frontage: 50
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,545 70,483 154,661
Median Age: 40.73 33.85 34.61
Households: 685 28,930 62,021


Photograph of Listing Agent

Beth F King

Beth King Real Estate, LLC Shreveport, LA 71106
LACDB Member
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