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    2958 Dr Martin Luther King Dr Shreveport, LA 71107

    For Sale
    $266,500

    Business - Shreveport, LA

    Type:Business
    Lot size:
    0.25 Acres
    Days on Market:
    145
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 2958 Dr Martin Luther King Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    181417022000400
    Parking features
    Assigned, Off Street, Open, Parking Lot, Side by Side
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1960
    Flooring type
    Concrete, Tile, Tile - Ceramic
    Building materials
    Block, Brick, Concrete, Stone
    Roof type
    Asphalt, Composition, Mixed, Shingle, Tar/Gravel
    Architectural style
    Other

    Salter Real Estate Group/ DBA Century 21 Elite (318) 868-3600 [email protected]

    Listing agent Tovorris Grissom (318) 868-3600 License #0995685801

    Listing date Jul 22, 2025

    MLS# 20524803 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shreveport Commercial Investment Opportunity

    This commercial investment property offers a unique opportunity to own two separate businesses under one roof. Side A is a former restaurant, previously utilized as an entertainment venue, featuring two restrooms and two newly installed HVAC units for zoned air. It comes fully furnished with tables, chairs, booth seating, and commercial-grade equipment, including a stove, refrigerators, freezers, two ice makers, and a rolling steam table. All equipment inside the caged-in crawfish boil area around the backside remains. Side B is a currently owner-operated beauty supply shop, stocked with approximately $25,000 to $30,000 worth of retail beauty supply product inventory. It also has a newly installed HVAC unit, two restrooms, an office, display cases, and a surveillance system. The roof is less than one year old. Additional parking is available in the rear. Lockable storm doors are included. The property is located in Shreveport, LA, with a lot size of 0.25 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Auto Repair Shop Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.825742
    Latitude
    32.543905

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    FAQs

    What type of property is this?
    Retail space - Two businesses under one roof: restaurant and beauty supply shop.
    Where is this retail space located?
    The property is located at 2958 Dr Martin Luther King Dr Shreveport, LA.
    What is the asking price?
    The asking price for this property is $266,500.
    What are key features of this property?
    This property features: - Two businesses under one roof: former restaurant/entertainment venue and an operating beauty supply shop.; - Restaurant side is **fully furnished with tables, chairs, booth seating, and commercial-grade kitchen equipment.**; - Beauty supply shop includes approximately $25,000 - $30,000 worth of retail inventory.
    (318) 868-3600
    Request Owner's contact information
    2958 Dr Martin Luther King Dr Shreveport, LA 71107
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    Shreveport, LA 71107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2958 Dr Martin Luther King Dr Shreveport, LA 71107
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