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Dean Slattery Building 509 Marshall St 181,764 SF Vacant Office Building Shreveport, LA 71101 $2,200,000 ($12.10/SF)
Investment Highlights
- 17-story historic office tower located in downtown Shreveport.
- 45% federal and state tax credit on all monies spent to rehab the building.
- Adjacent to the Shreveport Convention Center, major casinos, restaurants, and historic districts.
- Opportunity Zone designation and approved.
- Positioned within walking distance of the Caddo Parish Courthouse and city government offices.
- Convenient access to I-20 and I-49, connecting to regional markets and Shreveport Regional Airport.
Executive Summary
The Dean Slattery Building in downtown Shreveport presents an outstanding opportunity for investors to acquire a well-positioned asset in the city’s historic core. Spanning 17 stories with a total of 181,764 square feet, and currently offered as an investment property, this building’s appeal is enhanced by its designation in an Opportunity Zone, providing potential tax advantages for qualifying buyers. The asset is also approved for a 45% federal and state tax credit on all monies spent to rehab the building, enhancing long-term investment returnsPriced at $2,200,000, the offering reflects substantial intrinsic value with room for long-term appreciation.
Located adjacent to the Caddo Parish Courthouse and near the Shreveport Convention Center, prominent casinos, and local cultural destinations, the building benefits from significant foot traffic and strong connectivity to the city’s economic drivers. With its rich architectural character, proximity to major transport corridors, and diverse tenant base, this asset stands as a rare chance to participate in the ongoing resurgence of Shreveport’s downtown business district.
Located adjacent to the Caddo Parish Courthouse and near the Shreveport Convention Center, prominent casinos, and local cultural destinations, the building benefits from significant foot traffic and strong connectivity to the city’s economic drivers. With its rich architectural character, proximity to major transport corridors, and diverse tenant base, this asset stands as a rare chance to participate in the ongoing resurgence of Shreveport’s downtown business district.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
181,764 SF
Building Class
C
Year Built
1925
Price
$2,200,000
Price Per SF
$12.10
Percent Leased
Vacant
Tenancy
Multiple
Building Height
17 Stories
Typical Floor Size
10,691 SF
Building FAR
16.69
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial (NEC)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Devco
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Devco | Public Administration | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
New business opportunity in the heart of vibrant downtown Shreveport. With a generous 2,840 square foot layout, this prime space is perfectly positioned to capture the energy of the area. Offering an ideal layout for a retail boutique, restaurant, or bar concept, this space provides the flexibility to shape your concept as you see fit. Your business can become a natural extension of the growing downtown scene.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 2,749 SF | Retail | Full Build-Out | Now |
1st Floor
| Size |
| 2,749 SF |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 2,749 SF |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | Now |
New business opportunity in the heart of vibrant downtown Shreveport. With a generous 2,840 square foot layout, this prime space is perfectly positioned to capture the energy of the area. Offering an ideal layout for a retail boutique, restaurant, or bar concept, this space provides the flexibility to shape your concept as you see fit. Your business can become a natural extension of the growing downtown scene.
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 181437-138-0029-00 | Improvements Assessment | $58,650 |
| Land Assessment | $18,900 | Total Assessment | $77,550 |
Property Taxes
Parcel Number
181437-138-0029-00
Land Assessment
$18,900
Improvements Assessment
$58,650
Total Assessment
$77,550
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Dean Slattery Building | 509 Marshall St
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