525 Cotton Street - Historic Downtown Shreveport

Industrial for Sale
Catylist Listing ID: 30835315
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 22,760 SF
Gross Land Area: 0.66 Acres
Sale Price: $450,000
Unit Price: $19.77 PSF
Docks/Doors: 1 Dock, 3 Doors
Office SF: 3,120 SF
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/10/2023

Overview / Comments

1939 Art Deco style brick, concrete and steel construction with plate and glass block windows. Roof system is wooden deck, built up with rolled felt, tar and gravel. The roof has a raised section which allows natural light to enter the warehouse through light panels. In addition, several sections of the warehouse have skylights which allow natural light to enter the warehouse.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Taxing Authority: Caddo Parish
Tax ID/APN: 181437131002500
Property Located Between: McNeil and Marshall Streets
Highway Access: Close proximity to I-20 and LA Hwy 1 and 71 which run through the CBD
Airports: Shreveport Regional Airport - 6.9 miles
Site Description: Located in Historic Downtown Shreveport the property is irregular in shape. 320' of frontage on Cotton Street, 50' on Marshall Street 329.85 along the Illinois Central Railroad and 150' on McNeil Street. The site slopes downward from West to East.
Area Description: Located in the CBD, the subject property is located in an area that is currently undergoing a redevelopment renaissance with several buildings from the same era being redeveloped into mixed use, residential, restaurants and entertainment venues.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 22,760 SF
Year Built: 1939
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: 1939 Art Deco style brick, concrete and steel construction with plate and glass block windows.
Overhead Cranes: 1
Sprinklers: Wet
Amps: 110
Volts: 440
X-Phase: Single and Three Phase
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lighting: Fluorescent, High Pressure Sodium
Interior Description: The original interior offices consist an open floor plan with several private office around the perimeter. The warehouse office and small parts storage room are connected to the main office. Total office area is approximately 3,120 SF (+/-). The building is fully sprinkled and contains a wet system maintained by MidSouth Fire Solutions.
Zoning Description: D-1 CBD
Lot Frontage: 320
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: NWLY Portion of BLK 26, Shreveport, Measured 50 FT on Marshall Street and 140 FT on McNeil Street.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,302 72,197 156,396
Median Age: 41.49 33.78 34.68
Households: 1,858 29,334 62,579


Photograph of Listing Agent

Marshall A Rice

Beau Box Commercial Real Estate Baton Rouge, LA 70808
LACDB Member
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