REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 200,000
Est. payment /mo
Active
1501 Peabody Street Shreveport, LA 71103
1.38 Acres Lot
UPDATED:
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
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20615565
©2025 North Texas Real Estate Information Systems.
Listed by Tena Hines • Coldwell Banker Apex, REALTORS