1501 Peabody Street, Shreveport, LA 71103 - MLS#20615565

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Mike Bowman

[email protected] +1(817) 328-2306

$200,000

Est. payment - /mo

1.38 Acres Lot

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Temple Sub

MLS Listing ID 20615565

Total Fin. Sqft 10840

Year Built 1940

Annual Tax Amount $4,000

Lot Size 1.380 Acres

Acres 1.38

Lot Dimensions 125 x 320 & 125 x 160

Property Sub-Type Business

Property Description

Back on the market due to out of town buyers inability to secure the the first tranche of required financing for their project proposal. This property offers a redevelopment opportunity in the west end of downtown--a prime location in Historic Ledbetter Heights just off the once thriving Texas Avenue, one block from the under development future Northwest Louisiana Civil Rights Museum. Existing building not considered in the property valuation--site is nearly an acre with the parking lot across the street of nearly a half acre also included in the sale. This is prime property for a visionary with a community focus who sees what could be and who is willing and able to lean in for all the right reasons. Church to apartment and condo conversions are a thing in real cities around the world as are other ideas to find new uses for existing buildings--a superior option to wasting resources building new. Taking advantage of state and federal tax credits available for redevelopment of historic properties could be a win-win-win for a savvy, visionary developer. Get on the right side of history and be part of the solution in restoring the communities that urban renewal decimated.

Location

State LA

County Caddo

Zoning R-3

Direction I-49 exit Pete Harris Dr to right turn on Peabody to properties on the corner at Butler.

Interior

Heating Other

Cooling Other

Flooring Other

Heat Source Other

Exterior

Utilities Available City Sewer, City Water

Roof Type Other

Garage No

Building

Lot Description Corner Lot

Foundation Other

Structure Type Brick

Others

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Tena Hines • Coldwell Banker Apex, REALTORS

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Mike Bowman

+1(817) 328-2306

Broker | License ID: 0273938

Broker License ID: 0273938

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1501 Peabody Street Shreveport, LA 71103

Mike Bowman

Key Details

Location

Interior

Exterior

Building

Others

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