Two-Use Conventional Restaurant
For Sale
$225,000
2958 Dr Martin Luther King Drive, Shreveport, LA 71107
The building combines a restaurant-ready space with an operating beauty supply shop and rear parking.
Property Size3,899 SF
Days on Market11
Property Features for 2958 Dr Martin Luther King Drive
General Information
Standard status
Active
Size
3,899 SF
Property subtype
Commercial
Zoning
Commercial/Retail
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Building Details
Building Size
3,899 SF
Year Built
1960
Stories
1
Units
2
Listing Agency:
Century 21 Elite
(318) 525-5322
Listed By:
Tovorris Grissom · License #0995685801
(318) 525-5322
Source:
1111brokerage
Added: Aug 20
Changed: Aug 28
Last Checked: Aug 29 at 10:18AM
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
Investment Insights
Based on property information with market context.
This conventional restaurant property contains two distinct business areas within one building. The former restaurant space was also used periodically for entertainment and includes two restrooms, zoned air supported by two newly installed HVAC units, tables, chairs, booth seating, and commercial equipment such as a stove, refrigerators, freezers, two ice makers, and a rolling steam table. Equipment in the caged crawfish-boil area at the rear remains with the property.
The second area is an owner-operated beauty supply shop with retail product inventory, display cases, an office, surveillance equipment, two restrooms, and a newly installed HVAC unit. The roof is less than 1 year old, and the property includes an additional parking lot behind the building. Lockable storm doors provide added security at the entrances. The property is located at 2958 Dr Martin Luther King Drive in Shreveport, Louisiana.
The second area is an owner-operated beauty supply shop with retail product inventory, display cases, an office, surveillance equipment, two restrooms, and a newly installed HVAC unit. The roof is less than 1 year old, and the property includes an additional parking lot behind the building. Lockable storm doors provide added security at the entrances. The property is located at 2958 Dr Martin Luther King Drive in Shreveport, Louisiana.
Key Highlights
- Two separate business areas operate under one roof
- Restaurant area includes commercial cooking equipment, furnishings, and a caged rear crawfish‑boil area
- Two newly installed HVAC units provide zoned air in the former restaurant space
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The building combines a restaurant-ready space with an operating beauty supply shop and rear parking.
Where is this conventional restaurant located?
The property is located at 2958 Dr Martin Luther King Drive 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 separate business areas operate under one roof; Restaurant area includes commercial cooking equipment, furnishings, and a caged rear crawfish‑boil area; Two newly installed HVAC units provide zoned air in the former restaurant space
