700 Texas

Retail-Commercial for Sale
Catylist Listing ID: 30721632
Property Subtypes: Mixed Use, Street Retail, Other
Building Size (RSF): 18,000 SF
Gross Land Area: 9,000 SF
Sale Price: $575,000
Unit Price: $31.94 PSF
Ceiling: 14 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Tipitina's Foundation Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/21/2021

Overview / Comments

Historic Building in the heart of Downtown Shreveport designed by Samuel and William B. Wiener in late 1930's. Neighboring buildings are Art Space, The Loft's with Rhinos Coffee, The Robinson Film Center to mention a few.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 181437109002000
Zoning: CBD
Retail Clientele: General, Business, Tourist, Convention, Other
Property Located Between: Louisiana and Common Street
Property Visibility: Excellent
Largest Nearby Street: Texas Street
Feet of Frontage: 60
Airports: Shreveport Regional; Downtown
Site Description: Historical Downtown Shreveport
Area Description: Downtown Shreveport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 9,000 SF
Property Condition: Good
Year Built: 1937
Year Renovated: 1965
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Parking Type: Surface
Parking Description: 3 bays in the rear of the building that can be utilized for a parking. Monthly rentals surface parking is available within walking distance of this building.
Freight Elevators: 1
Sprinklers: None
Air Conditioning: Engineered System, Window Unit
Internet Access: Cable
Interior Description: 1st floor is built out for office space and currently vacant. 2nd floor is built out in small spaces & leased out to local musicians.
Zoning Description: Commercial
Lot Frontage: 60
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lots 7 & 8, Block 4, Shreveport, Less SW'LY 190.4 ft of Lot 7,

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,059 70,359 152,879
Median Age: 43.63 34.13 34.67
Households: 1,872 28,744 61,261

Contact

Photograph of Listing Agent

Jeri Y Little

Little Realty Inc Shreveport, LA 71101
LACDB Member
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