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Listed price in listed location currency (USD).
$200,000

000

MLS® 20615565

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $4,000
Days Active 373
Approx. Age 1940
MLS® Number 20615565

Property Address: 1501 Peabody St, Shreveport, LA, 71103-2883

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20615565
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Land & Improvements

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 10, 2025List Date
$200,000List Price
  • Commute

Commute

Starting Address
Destination Address
1501 Peabody St, Shreveport, LA

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