610 Market St - Flex FOR SALE


Shreveport, LA 71101- Downtown Riverfront
$599,000 USD
318-213-1555
610 Market St, Shreveport, LA for Sale
$599,000 USD
Flex - FOR SALE
1/15
null | Request Cap Rate

610 Market St
Shreveport, LA 71101
Downtown Riverfront


OVERVIEW

KW Commercial is pleased to offer for sale the M.L. Bath Building, a mixeduse redevelopment opportunity in Downtown Shreveport. The original building, built in 1921 by M.L. Bath, this beautiful historic building was continuously operated as M.L. Bath Co., an office supplies/ furniture retail store and a commercial printing and paper supply company until the business was sold in the mid-2010s and moved out of Downtown Shreveport. This 45,000 SF concrete-and-masonry shell features a full basement, four (4) above ground floors in the original building and two (2) above ground floors in the expansion building, which M.L. Bath constructed shortly after opening the main building. The basement is semi-above ground, with direct access from the rear of the buildings via rollup doors. The rooftop has idyllic views of Downtown Shreveport, the Shreveport River Front and Festival Plaza. One of the most alluring features of this redevelopment is the configuration of the second, third and fourth floors, which provide footprints that could easily convert into multiple market-rate multi-family units. In addition, the roof over the two-story building could be converted to an outdoor entertainment setting for future residents. The M.L. Bath Building is a great opportunity for a developer to capitalize on the market-rate multi-family redevelopment renaissance taking place in Downtown Shreveport.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$14 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1922

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15

LAND SF

6,447

ZONING

-

APN/PARCEL ID

181437-148-0041-00

ASK ABOUT THIS PROPERTY

Trenton SiskronKW Commercial NWLAMore Info
318-213-1555

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Trenton SiskronKW Commercial NWLAMore Info
318-213-1555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.