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    Established Commercial Property Available Title is generated by Realmo AI

    246 E 70th Street, Shreveport, LA 71106

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    For Sale
    $390,000

    Commercial property with a history as a thriving business location.

    Type:Commercial
    Property size:
    2,000 SF
    Price / SF:
    $195/SF
    Added:
    Apr 22, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 22 at 5:22 pm

    Property Features for 246 E 70th Street

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1988

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    Listing Contact
    Michael Salter

    Listing agent Michael Salter

    Listing office Century 21 Elite

    Listing date Apr 22, 2026

    Source Signaturere

    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 Century 21 Elite

    HighLights

    • High‑traffic location next to I‑49 & E 70th and across from a Race Way Gas Station.
    • Established business location with a 30+ year history.
    • Roof replaced in 2019.
    • Building constructed in 1988.
    • Favorable offer may allow for owner repairs.
    • Former home of the 'Bayou Daiquiri' store.

    Overview

    This commercial property, formerly home to Bayou Daiquiri for over 30 years since 1987, is available. The property is 2,000 square feet. The roof was replaced in 2019. It is strategically located next to the corner of I-49 and E 70th, across from the Race Way Gas Station. The owner is open to making repairs with a favorable offer.

    Local Financial Insights For Specialty Retail

    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 $31.2k $15.60
    − Vacancy −$1.6k −$0.78
    EGI $29.6k $14.82
    − OpEx −$7.4k −$3.70
    NOI $22.2k $11.11
    2,000 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $317.6K
    $277.9K – $370.5K (±1% cap)
    NOI $22,230 @ 7.0% cap · market cap 5.70%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $422.1K
    $369.4K – $492.5K (±1% cap)
    NOI $29,549 @ 7.0% cap · market cap 7.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    ATM Atm Cajun Liquor (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • The Tap Room — 6301 Line Ave, Shreveport, LA 71106
    • The Vickie Roberson Theatre — 233 E 67th St, Shreveport, LA 71106
    • Line Ave. Pie & Brew Co. — 6301 Line Ave, Shreveport, LA 71106
    • Vintage Wine Bar & Spirits — 6535 Line Ave #150, Shreveport, LA 71106

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.75401
    Latitude
    32.44228

    FAQs

    What type of property is this?
    Bar & Pub - Commercial property with a history as a thriving business location.
    Where is this bar & pub located?
    The property is located at 246 E 70th Street Shreveport, LA.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: High‑traffic location next to I‑49 & E 70th and across from a Race Way Gas Station.; Established business location with a 30+ year history.; Roof replaced in 2019.
    More about this property
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