Price Reduction
Address
2958 Dr Martin Luther King Drive, Shreveport, LA
Price
$ 276,000
Property Attributes
  • MLS#20524803
  • TypeCommercial
  • CountyCADDO
  • CityShreveport
  • NeighborhoodJones-Mabry Sub
  • Zip71107
  • StyleBusiness
  • Year Built1960
  • Taxes$ 644
  • Price$ 276,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10,890 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

HUGE PRICE REDUCTION! Looking for a commercial investment property?? How about 2 for 1!! Come check out this wonderfully priced package deal before it's gone! This is your chance to own 2 separate businesses under 1 roof. Side A) is a former restaurant that was also periodically leased as an entertainment venue. It has 2 rr's, 2 newly installed HVAC units for zoned air. Also comes fully furnished with tables, chairs, booth seating, commercial grade equipment:- (stove, refrigerators, freezers, 2 ice makers, rolling steam table & lots more. All equipment inside caged-in crawfish boil area around backside to remain also. Side B) is a currently owner operated beauty supply shop which also comes stocked with approximately $25-$30k worth of retail beauty supply product inventory. It also has a newly installed HVAC unit, 2 rr's, office, display cases, & surveillance system. roof less than 1 yr old. Additional parking lot in rear. Lockable storm doors are a bonus. Agent related to seller.

Price History
2/7/2024 Listed $295,000
4/29/2024 7% - $276,000

General Features

Heating Central,Electric,Natural Gas
Cooling Central Air,Electric
Utilities Asphalt,Cable Available,City Sewer,City Water,Concrete,Curbs,Electricity Available,Electricity Connected,Individual Gas Meter,Individual Water Meter,Natural Gas Available,Phone Available,Sewer Availa
Ceiling Height 8 to10 Feet
Possession 30-60 Days
Roof Asphalt,Composition,Mixed,Shingle,Tar/Gravel
Year Built 1960
Tenant Pays All Utilities
Business Type Barber/Beauty,Commercial,Convenience Store,Food & Beverage,Mixed,Office Supply,Professional Office,Professional Service,Restaurant,Retail,Other
Unexempt Taxes 644
Building Use Beauty/Barber,Food Service,Office/Warehouse,Restaurant,Retail,Other
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name Jones-Mabry Sub
Zoning Description Commercial/Retail
County Caddo
Property Type Commercial Sale
Construction Materials Block,Brick,Concrete,Rock/Stone,Other
Year Built Details Preowned
Status Active
Directions From downtown Shreveport:- Head north on N. Market St.,take a left on Dr. Martin Luther King Drive,and approximately 2miles the property will be located on the right side.
City Shreveport
Buyer Agent Compensation 3%
Street Name Dr Martin Luther King
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20524803
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Ceramic Tile,Concrete,Painted/Stained
Total Stories 1
Total Units 2
SQFT Gross 10875
Lock Box Type See Remarks
Street Suffix Drive

Exterior Features

Lot Size Source Public Records
Parking Features Additional Parking,Assigned,Common,Gravel,Off Street,Open,Outside,Parking Lot,Parking Pad,Side By Side
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.2500
Lot Size Units Acres
Building Area Total 3899.00
Lot Size Square Feet 10890.0000
Lot Size Acres 0.2500

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 71107

Price
AVG $540K
$280K
Taxes
AVG $1,379
$644
Visits
AVG 84
34
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1960