Historic Building in Downtown Shreveport For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30819035
Property Subtypes: Free-Standing Building
Building Size (RSF): 100,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.30 Acres
Sale Price: $1,500,000
Unit Price: $15 PSF
Ceiling: 10.5 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Johnson Furniture Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2022

Overview / Comments

Former Furniture Store building with parking lot built in the 1920's and maintained. Building has 5 Floors, basement and mezzanine. Typical square footage is 19,500 sq. ft. per floor. All floors are sprinkled and climate controlled. Building has a large freight elevator and a typical passenger elevator.

The building is located in Shreveport Common, a nationally awarded creative placemaking district which includes the new Common park and performance pavilion, artist live/work spaces, market and makerspaces, public art and programming.

www.shreveportcommon.com

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 181437043001500
Zoning: D-1-AC
Retail Clientele: Business, Tourist
Property Located Between: Downtown Shreveport
Property Visibility: Excellent
Largest Nearby Street: Texas Avenue
Highway Access: I-20 and I-49
Site Description: Across Texas Avenue from the world famous Municipal Auditorium and down the street from the new Caddo Common Park.
Area Description: Downtown Shreveport is a Historic District. Building is also in the Art District.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 5
Typical SF / Floor: 19,500 SF
Property Condition: Good
Year Built: 1928
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block and Brick construction
Total Parking Spaces: 100
Parking Type: Surface
Parking Description: Large parking lot on Eastside of building with additional parking in rear of building.
Passenger Elevators: 1
Freight Elevators: 1
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, ISDN, Satellite, Gigabit, Fiber Optic
Interior Description: Large Open Space
Zoning Description: D-1-AC an art and culture district.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,391 76,921 164,904
Median Age: 42.49 34.15 34.73
Households: 2,932 31,194 66,190

Contact

Photograph of Listing Agent

Chris Stokes

Walker-Alley & Associates Shreveport, LA 71166
LACDB Member
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