403 Lake StShreveport, LA 71101

This exceptional mixed-use investment property in Shreveport's central business district presents a unique redevelopment opportunity. The 14,900 square foot complex, situated on a 1.66-acre lot, comprises three buildings with three units and is currently 45% occupied by the World's Only Tattoo School, which requires a minimum two-year leaseback with an extension option. The main building at 403 Lake Street, totaling 8,200 square feet, houses the school's retail/office space and a former dormitory now used for storage. A separate 6,700 square foot warehouse at 315B Lake Street features a mezzanine, restrooms, and a roll-up door. The property benefits from ample parking across four parcels and substantial existing plumbing infrastructure, offering diverse redevelopment potential. The asking price is $550,000 ($36.91/sq ft). The property is zoned D-1-HC and includes one dock-high door. This income-producing asset offers a significant advantage over vacant, dilapidated properties common in the area, providing immediate cash flow and a solid foundation for future development. The property's continuous operation minimizes the costs associated with bringing a vacant building up to code. This is a rare chance to acquire a functioning, income-generating property in a prime downtown location with significant upside potential.