Mixed-Use Building with Two
For Sale
$225,000
2958 Dr Martin Luther King, Shreveport, LA 71107
CommercialSale, Shreveport, LA
Property SizeContact for details
Lot Size0.25 Acres
Days on Market89
Property Features for 2958 Dr Martin Luther King
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial/Retail
Parking features
Parking Lot, Off Street, Open, Assigned
Subdivision
Jones-Mabry Sub
Directions
From downtown Shreveport:- Head north on N. Market St., take a left on Dr. Martin Luther King Drive, and approximately 2miles the property will be located on the right side.
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
Legal Description
LOT A, PARTITION OF PART OF LOT 455, JONES-MA
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
caged-in crawfish boil area
lockable storm doors
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, Asphalt, Composition, Tar/Gravel, Shingle
Listing Agency:
Century 21 Elite · Century 21 Real Estate
(318) 868-3600
Listed By:
Tovorris Grissom · License #0995685801
(318) 525-5322
Added: Jun 6
Changed: Aug 26
Last Checked: Sep 2 at 6:06AM
MLS# 20524803
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.25-acre mixed-use property contains two commercial components within a 1960 building. The first space was previously used as a restaurant and periodically operated as an entertainment venue, with two restrooms, two newly installed HVAC units for zoned climate control, furnishings, and commercial equipment including a stove, refrigerators, freezers, ice makers, and a rolling steam table. A caged crawfish-boil area at the rear also contains equipment that remains with the property.
The second space is an owner-operated beauty supply shop with a newly installed HVAC unit, two restrooms, an office, display cases, and a surveillance system. The roof is less than one year old, and the site includes an additional rear parking lot, open and off-street parking, lockable storm doors, public water, and public sewer.
The second space is an owner-operated beauty supply shop with a newly installed HVAC unit, two restrooms, an office, display cases, and a surveillance system. The roof is less than one year old, and the site includes an additional rear parking lot, open and off-street parking, lockable storm doors, public water, and public sewer.
Key Highlights
- Two commercial spaces within a 1960 mixed‑use building
- 0.25‑acre site with an additional parking lot at the rear
- Former restaurant area includes two newly installed HVAC units and two restrooms
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
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?
Mixed-use property - Two commercial spaces offer distinct layouts, HVAC systems, restrooms, and operational features within one building.
Where is this mixed-use property 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: Two commercial spaces within a 1960 mixed‑use building; 0.25‑acre site with an additional parking lot at the rear; Former restaurant area includes two newly installed HVAC units and two restrooms
