Remodeled Restaurant with
For Sale
$1,275,000
6301 Line Avenue, Shreveport, LA 71106
Operating restaurant with a bar, dining room, commercial kitchen, patio, and dedicated parking.
Property Size5,100 SF
Price / SF$250
Days on Market94
Property Features for 6301 Line Avenue
General Information
Standard status
Active
Size
5,100 SF
Total Parking Spaces
55
Property subtype
Retail
Zoning
C-UC
Site & Location
Neighborhood
Pierremont
Restaurant
Patio
Yes
Equipment Included
Yes
Building Details
Building Size
5,100 SF
Year Built
1970
Year Renovated
2017
Stories
1
Listing Agency:
Coldwell Banker Apex, REALTORS
Listed By:
Andrew Cordaro · License #995686324
(214) 500-0359
Source:
Cbcworldwide
Added: Aug 1
Changed: Oct 25
Last Checked: Nov 1 at 2:20AM
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 Coldwell Banker Apex, REALTORS
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Investment Insights
Based on property information with market context.
This 5,100-square-foot restaurant includes a 510-square-foot patio, bar area, dining room, and fully operational commercial kitchen. The building was remodeled in 2017 and offers an established layout for restaurant operations. On-site parking includes 55 spaces.
The property is located at 6301 Line Avenue in Shreveport, Louisiana, and carries C-UC, Commercial Urban Corridor zoning. Originally built in 1970, the building combines an existing restaurant configuration with a remodeled interior and outdoor dining area.
The property is located at 6301 Line Avenue in Shreveport, Louisiana, and carries C-UC, Commercial Urban Corridor zoning. Originally built in 1970, the building combines an existing restaurant configuration with a remodeled interior and outdoor dining area.
Key Highlights
- 5,100 SF restaurant building with 510 SF patio
- Fully operational commercial kitchen with bar and dining room
- 55 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,687
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,133,740
$1.1M
Cap Rate 7%
$809,814
$809.8K
Cap Rate 9%
$629,856
$629.9K
Market Conditions
NOI Build-Up for 5,100 SF
Gross rent
$79.6K $15.60/SF
− Vacancy
−$4.0K −$0.78/SF
EGI
$75.6K $14.82/SF
− OpEx
−$18.9K −$3.70/SF
NOI
$56.7K $11.11/SF
Area
Shreveport, LA
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,133,740
Cap Rate 7%
$809,814
Cap Rate 9%
$629,856
Alternative Uses
Best Use
Specialty Retail
$809.8K
$708.6K – $944.8K
NOI $56,687 @ 7.0% cap · market cap 4.45%
Second Best
Industrial
$456.3K
$399.3K – $532.4K
NOI $31,942 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$1.08M
$941.9K – $1.26M
NOI $75,349 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
783
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 71106, LA
34,906
Population
15,415
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
33.2 sq mi
ZIP Area
1,051
Density / Sq Mi
$77,724
Median Household Income
$48,949
Median Earnings
$890
Median Rent
$310,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant with a bar, dining room, commercial kitchen, patio, and dedicated parking.
Where is this conventional restaurant located?
The property is located at 6301 Line Avenue Shreveport, LA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 5,100 SF restaurant building with 510 SF patio; Fully operational commercial kitchen with bar and dining room; 55 on‑site parking spaces
