730 Fannin St Shreveport, LA 71101

This exceptional 24,224 square foot commercial land parcel presents a unique investment opportunity in the heart of Downtown Shreveport, Louisiana. Located at 730 Fannin St, Shreveport, LA 71101, this property boasts a strategic corner location at the intersection of Fannin and Common Streets, offering significant frontage on both thoroughfares (150' on Common Street and 160' on Fannin Street). The site is ideally positioned across from the soon-to-be-completed Bayou Grande Apartments, a large residential complex housing over 1,000 residents (anticipated completion December 2023). Furthermore, the property's proximity to a new State Office Building (projected occupancy of approximately 230 employees), numerous high-rise office buildings, and existing loft apartments with over 100 residents creates a high-density population base with significant unmet retail demand. Local residents and workers have expressed a strong need for retail amenities such as a convenience store, grocery store, and small shopping center. This property is zoned Residential/Commercial and offers the potential to fulfill this demand, capitalizing on the substantial growth and increased foot traffic in the area. The asking price is $363,360, translating to $15 per square foot. All offers will be considered. This is a rare opportunity to acquire a prime retail development site in a rapidly developing downtown area.