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. |
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 |
|
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