401 Spring Street

Retail-Commercial for Sale
Catylist Listing ID: 30706652
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 45,360 SF
Gross Building Area: See Agent
Gross Land Area: 0.35 Acres
Sale Price: $199,950
Unit Price: $4.41 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/24/2022

Overview / Comments

Lots of potential for historic renovation benefits.

Located in Downtown Opportunity Zone - for more information on Opportunity Zones and potential tax benefits visit website below.
https://www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Submarket Type: Central Business District
Taxing Authority: Caddo Parish Assessor
Tax ID/APN: 181437164003700
Zoning: D-1-E
Retail Clientele: General, Business
Property Located Between: Texas Street & Travis Street; Spring Street & Commerce Street
Property Visibility: Excellent
Feet of Frontage: 103
Site Description: Downtown Shreveport.
Total Number of Buildings: 1
Number of Stories: 2
Construction/Siding: Brick
Exterior Description: Brick
Sprinklers: None
Lot Frontage: 103
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 68,344 155,668
Median Age: 40.73 33.98 34.59
Households: 685 28,095 62,429

Contact

Photograph of Listing Agent

Roger A DeKay

Sealy Real Estate Services LLC Shreveport, LA 71101
LACDB Member
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