Dual-Use Storefront
New
For Sale
$225,000
2958 Dr Martin Luther King Drive, Shreveport, LA 71107
Commercial/retail property combining a furnished restaurant area with an operating beauty supply shop.
Property Size3,899 SF
Price / SF$57.71
Days on Market3
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
Business Included
Yes
Building Details
Building Size
3,899 SF
Year Built
1960
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Century 21 Elite
(318) 525-5322
Listed By:
Tovorris Grissom · License #0995685801
(318) 525-5322
Source:
Cuddrealtyinc
Added: Aug 6
Changed: Aug 7
Last Checked: Aug 8 at 11:59AM
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 3,899 SF commercial/retail storefront at 2958 Dr Martin Luther King Drive includes two distinct business areas under one roof. The former restaurant side includes commercial kitchen equipment, tables, chairs, booth seating, two restrooms, and two newly installed HVAC units serving zoned air. A caged-in crawfish boil area is located along the rear of that space.
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 property also features a roof less than 1 year old, a rear parking lot, and lockable storm doors. Commercial/Retail zoning supports the stated retail configuration.
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 property also features a roof less than 1 year old, a rear parking lot, and lockable storm doors. Commercial/Retail zoning supports the stated retail configuration.
Key Highlights
- 3,899 SF storefront property built in 1960
- Two separate business areas under one roof
- Former restaurant area includes commercial kitchen equipment and furnishings
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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?
Storefront property - Commercial/retail property combining a furnished restaurant area with an operating beauty supply shop.
Where is this storefront property 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: 3,899 SF storefront property built in 1960; Two separate business areas under one roof; Former restaurant area includes commercial kitchen equipment and furnishings
