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    509 Market St Shreveport, LA 71101

    Sponsored
    For Lease
    $13 SF/Yr ($16,250 /Mo)

    Historic Downtown Office Building, Multiple Suites Available

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Standard, located at 509 Market Street in Shreveport, Louisiana, is a historic 10-story building offering flexible office space for lease. Built in 1910, this 15,000 square foot building sits on a 0.48-acre lot and is zoned D-1-E. The property features a single building with multiple tenants and offers a variety of suite sizes, ranging from a minimum of 140 square feet to a maximum contiguous space of 7,677 square feet. Currently, 15,349 square feet is available for lease. The building includes elevators for convenient access to all floors. This prime location in downtown Shreveport offers excellent visibility and accessibility, making it an ideal space for businesses of all sizes. The property's traditional office subtype is perfect for businesses seeking a classic and established setting. The building's rich history and central location combine to create a unique and desirable office environment. Inquiries are welcome regarding the available spaces and lease terms. The property is situated in Caddo Parish, Louisiana, and its zip code is 71101.

    Property Features for 509 Market St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Total Rate
    16250

    Building Details

    Year Built
    1910
    Buildings
    1
    Stories
    10

    Unit(s) available at that property

    Space
    A
    Size
    4,130 SF
    Rate per SF
    $13
    Space
    B
    Size
    1,930 SF
    Rate per SF
    $13
    Space
    C
    Size
    7,677 SF
    Rate per SF
    $13
    Space
    M2
    Size
    196 SF
    Rate per SF
    $20
    Space
    M3
    Size
    140 SF
    Rate per SF
    $20

    HighLights

    • 15,000 SF of commercial space available in a luxury mixed‑use multifamily building.
    • First‑floor spaces ranging from 1,930 SF to 11,800 SF available.
    • Ideal for retail, restaurant, or market uses.
    • Divisible spaces to suit tenant needs.
    • Small office suites available on the mezzanine level.
    • Live/work opportunities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Blewer Julia E Attorney The Standard Apartments Apartment Rental Agency Affordable Dentist Brooklyn Dental Clinic Shreveport NW Louisiana ... City Government Office Quattro Studios LLC Film Production Company

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.74740061
    Latitude
    32.51390107

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    FAQs

    What type of property is this?
    Restaurant - Historic Downtown Office Building, Multiple Suites Available
    Where is this restaurant located?
    The property is located at 509 Market St Shreveport, LA.
    What is the lease rate?
    The lease rate is $13-$20 SF/Yr.
    What are key features of this property?
    This property features: 15,000 SF of commercial space available in a luxury mixed-use multifamily building.; First-floor spaces ranging from 1,930 SF to 11,800 SF available.; Ideal for retail, restaurant, or market uses.
    Request Owner's contact information
    509 Market St Shreveport, LA 71101
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    Shreveport, LA 71101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 Market St Shreveport, LA 71101
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