Redevelopment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30786930
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 8,660 SF
Gross Building Area: See Agent
Sale Price: $160,000
Unit Price: $18.48 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2022

Overview / Comments

Redevelopment Opportunity on high-traffic street with easy access to I-49. This property has two separate loft entries that could be used for separate suites. Bottom floor has been gutted and is ready for renovation work. Drive through area on west side of building could be useful for the right business.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 171424114138500
Zoning: C-3
Property Located Between: I-49 and Line Avenue
Property Visibility: Excellent
Largest Nearby Street: E 70th
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1950
Construction/Siding: Brick
Exterior Description: Brick building with covered parking or drive-through capability
Parking Type: Surface
Zoning Description: C-3
Legal Description: LOTS 1331 & 1332, CEDAR GROVE ADDN., LESS R/W 171424-114-1385

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,972 90,891 173,163
Median Age: 38.33 35.32 35.71
Households: 4,561 36,702 70,762

Contact

Photograph of Listing Agent

Cindi Estep

Berkshire Hathaway HS Ally Real Estate Bossier City, LA 71111
LACDB Member
Photograph of Listing Agent

Stephen C Hamm

Berkshire Hathaway HS Ally Real Estate Bossier City, LA 71111
LACDB Member
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