Multi-Use Retail
2958 Dr Martin Luther King Shreveport, LA 71107
2958 Dr Martin Luther King, Shreveport, LA, 71107
$225,000
For Sale
$225,000
COMMERCIAL - Shreveport, LA
Lot Size0.25 Acres
Days on Market116
Property Features for 2958 Dr Martin Luther King
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street, Parking Lot, Assigned, Open
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central, Natural Gas
- Cooling system
- Central Air, Electric
- Water source
- Public
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
- Mixed, Composition, Asphalt, Shingle, Tar/Gravel
Listing Agency
Century 21 Elite
(318) 868-3600
Shreveport, LA
Listed by
Tovorris Grissom · License #0995685801
(318) 868-3600
Added: Mar 24 Checked: Jul 17 at 8:06 pm
MLS# 20524803
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Investment Insights
Based on property information with market context.
This multi-use retail storefront is configured as two separate sides under one roof. Side A is a former restaurant that has also been periodically leased as an entertainment venue, and it features two restrooms, two newly installed HVAC units for zoned air, and a fully furnished setup with commercial-grade equipment including a stove, refrigerators, freezers, two ice makers, and a rolling steam table. Equipment remains in place, including items inside a caged-in crawfish boil area toward the back. Side B is a currently owner-operated beauty supply shop with two restrooms, a newly installed HVAC unit, an office, display cases, and a surveillance system, plus an included, stocked retail inventory estimated at approximately $25,000 to $30,000.
The property includes an additional parking lot in the rear and lockable storm doors, adding to tenant/operator security and convenience. The roof is less than one year old.
For buyers or operators seeking a streamlined investment, the layout supports acquiring two businesses in one asset while keeping each side distinct. The restaurant space is well suited for food service or entertainment use where a ready-to-operate setup matters, while the beauty supply buildout provides a straightforward fit for retail with back-of-house functionality and installed systems already in place.
The property includes an additional parking lot in the rear and lockable storm doors, adding to tenant/operator security and convenience. The roof is less than one year old.
For buyers or operators seeking a streamlined investment, the layout supports acquiring two businesses in one asset while keeping each side distinct. The restaurant space is well suited for food service or entertainment use where a ready-to-operate setup matters, while the beauty supply buildout provides a straightforward fit for retail with back-of-house functionality and installed systems already in place.
Key Highlights
- 2 separate businesses under 1 roof: former restaurant/entertainment venue (Side A) and owner‑operated beauty supply shop (Side B)
- Side A includes 2 newly installed HVAC units for zoned air, 2 restrooms, and commercial kitchen equipment; fully furnished with tables, chairs, and booth seating
- Side B features a newly installed HVAC unit, 2 restrooms, office, display cases, surveillance system, and is stocked with approx. $25k–$30k of retail inventory
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Own two separate business spaces under one roof, with recently updated HVAC, equipment, and additional rear parking.
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: 2 separate businesses under 1 roof: former restaurant/entertainment venue (Side A) and owner‑operated beauty supply shop (Side B); Side A includes 2 newly installed HVAC units for zoned air, 2 restrooms, and commercial kitchen equipment; fully furnished with tables, chairs, and booth seating; Side B features a newly installed HVAC unit, 2 restrooms, office, display cases, surveillance system, and is stocked with approx. $25k–$30k of retail inventory
