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1501 Peabody Street Shreveport, LA $ 200,000
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$ 200,000 Get more info
1501 Peabody Street
$ 200,000
Back to search
Share Save

1501 Peabody Street

Shreveport, LA, 71103
$ 200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,248

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Commercial Property for sale in Shreveport, LA

for $200,000. This building was built in 1940 on a lot size of 1.38.

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.

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Commercial Active

Price

$ 200,000

Property Type

Commercial

Taxes

$ 4,000

Style

Business

Lot Size

1.38

Year Built

1940

Town/City

Shreveport

County/Region

Caddo

MLS | Web ID

20615565
Features
General
Heating Other
Cooling Other
Utilities City Sewer City Water
Ceiling Height 8 to10 Feet More than 20 Feet
Possession Closing/Funding
Roof Other
Year Built 1940
Business Type Church
Property Subtype Business
Subdivision Name Temple Sub
Occupant Type Vacant
County Caddo
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Status Active
Directions I-49 exit Pete Harris Dr to right turn on Peabody to properties on the corner at Butler.
City Shreveport
Standard Status Active
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Exterior
Lot Features Corner Lot
Lot Size Source Public Records
Parking Features Other
Lot Size 1 to < 3 Acres
Foundation Other
Lot Size Dimensions 125 x 320 & 125 x 160
Building Area Total 10840.00
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Interior
Flooring Other
Total Stories 2
Total Units 1
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Internal Only
Street Number 1 1501
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* Excluded Features
List By
Tena Hines

Listing Agent

Coldwell Banker Apex, Realtors

Broker

Affordability Calculator

$1,581
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,248
Monthly Property Taxes
$333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
5/14/2024 $200,000 Listed Price

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1501 Peabody Street, Shreveport, LA, 71103 is a Commercial Property for sale at $200,000 with a lot size of 1.38. 1501 Peabody Street was built in 1940. The property's zip code is 71103 which is in Shreveport, LA

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