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    Turn-Key Nightclub and Event Venue Title is generated by Realmo AI

    1605 Marshall Street, Shreveport, LA 71101

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    For Sale
    $799,900

    COMMERCIAL - Shreveport, LA

    Lot size:
    0.28 Acres
    Added:
    Sep 16, 2025
    Days on Market:
    262
    Last Refresh:
    Jun 4 at 2:06 am

    Property Features for 1605 Marshall Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security
    Standard status
    Active
    APN
    181331020005100
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Description
    LOTS 7 & 8, BLK. 7, J. N. HOWELL'S SUB., 1813
    Tax Annual Amount
    2906

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Concrete
    Building materials
    Brick
    Roof type
    Built-Up

    We can help!

    Listing Contact
    Christopher Holloway

    Listing agent Christopher Holloway License #0912122915

    Listing office Pinnacle Realty Advisors Shreveport, LA

    Listing date Sep 16, 2025

    MLS# 21058163

    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.

    HighLights

    • Fully remodeled brick commercial building built in 1920 with tile and concrete flooring
    • Central heating and central air conditioning with electric cooling
    • Built‑up roof and public water and public sewer service
    • Currently operating nightclub and event venue with indoor entertainment space plus an outdoor entertainment area with stage and bar
    • Includes a separate section with its own private entrance, currently used for storage

    Overview

    This fully remodeled brick commercial building is offered as a turn-key opportunity, combining real estate ownership with a nightclub and event venue business already in operation. The property features vibrant indoor entertainment space, along with an outdoor entertainment area that includes a stage and bar for live music, private parties, and community events. A separate section with its own private entrance is currently used for storage and offers flexibility for future conversion to a restaurant or for leasing to another business.

    The venue is positioned in downtown Shreveport and benefits from excellent visibility, supporting a built-in nightlife and events audience. With recent updates throughout, the building is presented with modern functionality and curb appeal intended to reduce the need for immediate capital improvements.

    This is a strong fit for an owner-operator looking to step into an established entertainment concept with multiple income streams. Investors may also find the combination of an operating venue and an adaptable, separately accessed space appealing, since the additional section can be tailored to a new use or income strategy after acquisition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Uptown Bar & Lounge Bar & Pub Southern Soul Lounge Nightclub

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Similar Places Nearby

    • Club 1800 — 2109 Market St, Shreveport, LA 71101
    • Bear's — 1401 Fairfield Ave, Shreveport, LA 71101
    • Strange Brew LLC — 235 Wall St, Shreveport, LA 71101
    • Bayou Thunder Saloon — 1910 Market St, Shreveport, LA 71101
    • The Dove Tavern — 1920 market st, shreveport, la 71101

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.740221
    Latitude
    32.504253

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    FAQs

    What type of property is this?
    Night club - Fully remodeled brick entertainment venue with an operating nightclub and event space, plus adaptable additional space.
    Where is this night club located?
    The property is located at 1605 Marshall Street Shreveport, LA.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: Fully remodeled brick commercial building built in 1920 with tile and concrete flooring; Central heating and central air conditioning with electric cooling; Built‑up roof and public water and public sewer service
    (318) 347-3332
    We can help!
    Listing Contact
    Christopher Holloway
    Real Estate License ID: 0912122915
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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