610 Market StShreveport, LA 71101
- Other commercial real estate
- 15,600 SF
Property Details for 610 Market St
- Property size (Sq ft)
- 15,600 SF
- Property type
- Other commercial real estate
- APN
- 181437-148-0038-00
- APU
- 181437148003800
Description
This exceptional mixed-use property, the M.L. Bath Building, presents a compelling redevelopment opportunity in the heart of Shreveport, Louisiana. Located at 610 Market St, this vacant, 45,000 square foot building boasts a rich history, having served as an office supply and printing company since its construction in 1921. The property comprises two buildings, totaling four stories in the main building and two in the expansion, all constructed of concrete and masonry. A full, semi-above-ground basement features roll-up doors for convenient access. The unique layout offers significant potential for conversion into multi-family units, particularly on the second, third, and fourth floors. The rooftop provides stunning views of the city, riverfront, and Festival Plaza, and could be transformed into an outdoor amenity. With two loading doors, an 11,300 square foot lot, and a D-1-CBD zoning permit, this six-unit property is priced at $599,000 ($115,000 per unit). This is an ideal investment for developers seeking to capitalize on the revitalization of Downtown Shreveport's multi-family market. The property's central location and substantial size make it a truly unique and promising investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,908,572
- Hospitality
- $4,496,226
- Educational
- $3,740,807
- Medical
- $3,869,459
- Retail
- $5,819,034
Location Insight
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Latitude
- 32.5128
- Longitude
- -93.7468
- CBSA code
- 43340
- CBSA name
- SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].