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730 Fannin St - Northeast Corner of Common Street and Fannin 0.55 Acres of Commercial Land Offered at $363,360 in Shreveport, LA 71101
INVESTMENT HIGHLIGHTS
- .56 Acre - four city lots (24,000 SF)
- Excellent location - downtown Shreveport, Louisiana
- Zone: Mixed Use.
- Residential area is expanding - additional loft apartments and an apartment complex nearby are under construction residents will need retail outlets.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $363,360 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Mixed Use |
| Sale Condition | Sale Leaseback | Total Lot Size | 0.55 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | D-1-RMU - Residential/commercial | ||
| Price | $363,360 |
| Sale Type | Investment or Owner User |
| Sale Condition | Sale Leaseback |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.55 AC |
| Opportunity Zone |
Yes |
| Zoning | D-1-RMU - Residential/commercial |
1 LOT AVAILABLE
Lot 1-4Block 2
| Price | $363,360 | Lot Size | 0.55 AC |
| Price Per AC | $660,654.55 |
| Price | $363,360 |
| Price Per AC | $660,654.55 |
| Lot Size | 0.55 AC |
Lots 1,2,3 & 4, Block 2, Shreveport.6,000SF/Lot 24,224SF. Opposite large apartment complex nearing completion (1000+ residents)Bayou Grande Apartments. Near loft apartments and high-rise office buildings. Residents and workers need retail outlets.
DESCRIPTION
About the Property **NEW PHOTOS UPLOADED 10/18/2021. Photographs demonstrate proximity of the subject property to a new 1,000-unit apartment development.? Berkshire Hathaway HomeServices Ally Real Estate is pleased to offer for sale, .55- acre, 4 city lots (6,000 SF each) of land zoned as mixed use. These parcels have easy access to city water, city sewer, gas, and electricity. They are located at the intersection of Common Street and Fannin Street in the Downtown area of Shreveport, Louisiana. A large apartment complex, Bayou Grande Apartments, should be completed early this Fall, 2023. Located on Common Street, opposite these listing, its residents will need essential retail goods. This land is perfect for the construction of a mall to include a gas station convenience store, a full-service grocery store and a full-service restaurant. Situated near the growing Loft Apartment Area and only 1.5 blocks from a huge new apartment complex currently under construction.? This parcel can provide commercial resources vitally needed by this increasing population, as well as by the large Downtown Office Worker Group.? They need a full-service grocery store (the nearest one is miles away), a multi-service restaurant (eat-in, take-out, and delivery three meals a day), a retail strip center, and other possible services. Combined with additional lots for sale, the potential exists to possibly own the entirety of Block 2 (16 lots)!? Location 2-3 blocks north of the First Methodist Church situated at the head of Texas Street, the main street in Shreveport's Downtown area.? It is within walking distance of the District Court House, many skyscraper office buildings, a restaurant/arts movie theater, the Shreveport Convention Center, the Hilton Hotel, two science museums, the Strand Theater, the Shreveport Symphony, and two Las Vegas-style casinos.? It is about a mile from the Market Street entrance to I-20 and about the same distance from a proposed downtown entrance to I-49.? Utilities Water, sewer, electric, and gas available Zoning Mixed use residential
CONTACTS
-
Adam Lytle -
Jonathan Van Tassel -
Team Lytle - Berkshire Hathaway Home Services
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730 Fannin St - Northeast Corner of Common Street and Fannin
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