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    Renovated Single-Tenant Office Building Title is generated by Realmo AI

    2303 Line Avenue, Shreveport, LA 71104

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    For Sale
    $250,000

    Renovated office building with on-site parking, updated in 2023 for single-tenant architectural office use.

    Type:Office
    Property size:
    1,266 SF
    Price / SF:
    $197/SF
    Added:
    Jun 7, 2026
    Days on Market:
    33
    Last Refresh:
    Jun 20 at 7:50 am

    Property Features for 2303 Line Avenue

    General Information

    Standard status
    Active
    Size
    1,266 SF
    Property subtype
    Office

    Building Details

    Year Built
    1952

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    Danielle Cummings

    Listing office Walker-Alley & Associates

    Listing date Jun 7, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Walker-Alley & Associates

    HighLights

    • Newly renovated single‑tenant office building on Line Ave at Boulevard Street, just north of Kings Hwy
    • Completely remodeled in 2023 and converted to an architectural office from former medical clinic/medical office use
    • Built in 1952
    • Central air cooling and heating (system listed as '3')
    • Large on‑site parking lot
    • No pool

    Overview

    This newly renovated single-tenant office building was originally built as a medical clinic and was continually occupied as a medical office before being purchased by the seller. In 2023, the building was completely remodeled into an architecture office setting, reflecting a modernized interior tailored to professional use.

    The property is located on Line Avenue at Boulevard Street, just north of Kings Highway, within the Historic Highland Neighborhood. The building also includes a large parking lot, supporting convenient customer and employee parking for day-to-day operations.

    As a single-tenant office facility, this property is well-suited for professional firms seeking a turnkey, recently renovated space rather than a work-in-progress. The remodeling completed in 2023 provides an updated environment for an architecture office, while the parking lot helps accommodate visitors and staff throughout the workweek.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $22.8k $18.00
    − Vacancy −$3.6k −$2.88
    EGI $19.1k $15.12
    − OpEx −$4.8k −$3.78
    NOI $14.4k $11.34
    1,266 SF · lease $18.00/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $205.1K
    $179.5K – $239.3K (±1% cap)
    NOI $14,356 @ 7.0% cap · market cap 5.74%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $267.2K
    $233.8K – $311.7K (±1% cap)
    NOI $18,704 @ 7.0% cap · market cap 7.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Recovery Strategies Inc Social Service Agency Epling Jr John ... Counselor COE Architecture International Architect Csatho Judy MD Physician

    Suggested Use

    Garden Center Carpet & Flooring Store Locksmith Catering Service (Bike/Boat/Book/etc) Store Real Estate Agency Cafe & Coffee Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.745708
    Latitude
    32.489274

    FAQs

    What type of property is this?
    Office building - Renovated office building with on-site parking, updated in 2023 for single-tenant architectural office use.
    Where is this office building located?
    The property is located at 2303 Line Avenue Shreveport, LA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Newly renovated single‑tenant office building on Line Ave at Boulevard Street, just north of Kings Hwy; Completely remodeled in 2023 and converted to an architectural office from former medical clinic/medical office use; Built in 1952
    More about this property
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