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Restaurant and Beauty Supply Building
For Sale
$225,000

2958 Dr Martin Luther King, Shreveport, LA 71107

COMMERCIAL - Shreveport, LA

Property SizeContact for details
Lot Size0.25 Acres
Days on Market135

Property Features for 2958 Dr Martin Luther King

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial/Retail
Parking features Parking Lot, Assigned, Open, Off Street
Subdivision Jones-Mabry Sub
Directions From downtown Shreveport:- Head north on N. Market St., take a left on Dr. Martin Luther King Drive, and approximately 2miles the property will be located on the right side.
Standard status Active
APN 181417022000400
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description LOT A, PARTITION OF PART OF LOT 455, JONES-MA
Tax Annual Amount 644
Legal Description LOT A, PARTITION OF PART OF LOT 455, JONES-MA

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating), Natural Gas
Cooling system Central Air, Electric
Water source Public

Amenities

lockable storm doors

Building Details

Year built 1960
Floors in Building 1
Number of units 2
Flooring type Concrete, Paintedstained, Tile
Building materials Brick, Block, Concrete, Rock, Stone
Roof type Asphalt, Composition, Mixed, Shingle, Tar/Gravel
Listing Agency: Century 21 Elite · Century 21 Real Estate
Listed By: Tovorris Grissom · License #0995685801
Added: Mar 24 Changed: Aug 4 Last Checked: Aug 5 at 3:06AM
MLS# 20524803

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This restaurant and beauty supply property offers two separate sides under one roof. Side A is a former restaurant that was also periodically leased as an entertainment venue. It includes two restrooms and two newly installed HVAC units for zoned air, and comes fully furnished with dining and seating plus commercial-grade equipment such as a stove, refrigerators, freezers, two ice makers, and a rolling steam table. The property also includes an on-site crawfish boil area at the backside that remains in place with equipment in a caged-in area.

Side B is a currently owner-operated beauty supply shop with an office, display cases, surveillance system, and a newly installed HVAC unit, along with two restrooms. A lockable storm door is also included. The roof is less than one year old, and there is additional parking lot space in the rear.

The building was constructed in 1960 with brick, block, concrete, rock, and stone, and the site is served by public water and public sewer.

Key Highlights

  • Two distinct business spaces under one roof, Side A restaurant and Side B beauty supply shop
  • Side A includes two newly installed HVAC units for zoned air and two restrooms
  • Fully furnished Side A with commercial‑grade kitchen equipment incl. stove, refrigerators, freezers, and two ice makers

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby
Under-served
Demand for This Use

Demographics for 71107, LA

31,311
Population
13,636
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
137.2 sq mi
ZIP Area
228
Density / Sq Mi
$48,114
Median Household Income
$31,075
Median Earnings
$909
Median Rent
$157,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two distinct business spaces under one roof, each with newly installed HVAC and restrooms, plus rear parking lot.
Where is this conventional restaurant located?
The property is located at 2958 Dr Martin Luther King Shreveport, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two distinct business spaces under one roof, Side A restaurant and Side B beauty supply shop; Side A includes two newly installed HVAC units for zoned air and two restrooms; Fully furnished Side A with commercial‑grade kitchen equipment incl. stove, refrigerators, freezers, and two ice makers
More about this property
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