1513 Line AveShreveport, LA 71101

Property Details for 1513 Line Ave

Year built

1950

Lot size

1.65 AC

Property size (Sq ft)

117,723 SF

Property type

Other commercial real estate

Property subtype

Other mixed-use properties

Description

This exceptional mixed-use property presents a compelling investment opportunity in Shreveport, Louisiana. Comprising three buildings totaling approximately 117,723 rentable square feet on a 1.645-acre lot, this asset offers significant upside potential. Currently 43% leased, the property boasts 117 units, including 117 apartment units and 16 commercial spaces, ranging from 85 to 10,408 square feet. The buildings, constructed in 1950 and featuring brick construction, are strategically located just south of Shreveport's central business district, benefiting from high visibility and convenient access to Interstates 20 and 49. The property includes a parking garage with approximately 221 spaces, offering ample parking for residents and tenants. The site enjoys a prime location near four hospitals, medical offices, and neighborhood restaurants, ensuring consistent demand. With a daily traffic count of 21,202 vehicles on Line and Jordan Streets, this property benefits from high traffic exposure. Zoned C-UC, this property allows for a variety of uses, making it ideal for redevelopment or continued operation as a mixed-use complex. Amenities include elevators, conference rooms, laundry facilities, and covered parking. The asking price is $4,000,000.

Location Insight

City

Shreveport

County

Caddo Parish

State

Louisiana

Latitude

32.4972

Longitude

-93.7455

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