1501 Peabody ST, Shreveport, LA 71103
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1501 Peabody ST, Shreveport, LA 71103
1501 Peabody ST, Shreveport, LA 71103
1501 Peabody ST, Shreveport, LA 71103
1501 Peabody ST, Shreveport, LA 71103
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Reily Ayres

Reily Ayres

+1(254) 709-4583
$ 200,000
Est. payment /mo
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1501 Peabody ST Shreveport, LA 71103

10,840 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 10,840 sqft

Price per Sqft $18

Subdivision Temple Sub

MLS Listing ID 20615565

HOA Y/N No

Year Built 1940

Annual Tax Amount $4,000

Lot Size 1.380 Acres

Acres 1.38

Lot Dimensions 125 x 320 & 125 x 160

Property Sub-Type Hotel/Motel

Property Description

Back on the market due to out of town buyers inability to secure the the first tranche of required financing for their project proposal. This property offers a redevelopment opportunity in the west end of downtown--a prime location in Historic Ledbetter Heights just off the once thriving Texas Avenue, one block from the under development future Northwest Louisiana Civil Rights Museum. Existing building not considered in the property valuation--site is nearly an acre with the parking lot across the street of nearly a half acre also included in the sale. This is prime property for a visionary with a community focus who sees what could be and who is willing and able to lean in for all the right reasons. Redeveloping historic properties could be a win-win-win for a savvy, visionary developer. Be on the right side of history and be part of the solution in restoring communities decimated by the promised yet still unrealized benefits of urban renewal.

Location

State LA

County Caddo

Zoning R-3

Direction I-49 exit Pete Harris Dr to right turn on Peabody to properties on the corner at Butler.

Interior

Heating Other

Cooling Other

Flooring Other

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Other, Parking Lot

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Other

Private Pool No

Building

Lot Description Corner Lot, Historic District

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID 181437185000100

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20615565

Reily Ayres

Reily Ayres

Agent | License ID: 780232

+1(254) 709-4583

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1501 Peabody ST