1111 Market Street N, Shreveport, LA

Retail for Sale - 4,225 Sq. Ft. on 0.86 acres


Agent Info

Edward Durnil
Tranzon Asset Advisors

Property Info

CIMLS#1156606
Location
  1111 Market Street N
  Shreveport LA 71107
UpdatedMarch 14th, 2024
TypeRetail
PriceUpon Request
Building4,225 Sq. Ft.
Land0.86 acres

Property Description

Bankruptcy Auction – Former Truck Stop

Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Sothern District of Texas

Former Truck Stop which has been closed for over 3 years. The property has approx. 4,225 SF Building but the roof needs to be completely replaced and the building needs to be rewired. All electrical & HVAC has been stripped. The canopy is approx. 5,600 SF and has 6 lanes, however, all of the pumps have been vandalized or removed. The benefits of the property are there is tremendous traffic counts of over 23,00 vehicles/day on a 7-Lane Road. Of further note, MAKE SURE TO REVIEW THE AERIAL PHOTO. The entire property consists of 5 different parcels. We are ONLY selling 2 parcels, and the other 3 parcels are owned by other individuals. Be sure to know exactly the 2 parcels you are bidding on.

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

• Land Area Gross: .86 AC’s or 37,476 SF +|- of land.

• Flood Zone Determination: OUT

• Improvements

o 4,225 SF +|-

o 5,600 SF +|- Canopy

o Overall Condition: Fair to Poor

o Foundation Type: Slab

o Exterior Walls: Brick

o Roof Type: Flat

o Interior Finish: Sheetrock

o Interior Ceilings: Suspended

o HVAC System: Missing

o Parking Area Type: Asphalt & Concrete

o Approx. 1 Mile from the Shreveport CBD

o Approx. 1.2 Miles to I-20

o Approx. 230’ Road Frontage on US 71 (Market St N)

Tranzon Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, LA Auctioneer #LA-2117

Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the

U.S. Bankruptcy Court, the Southern District of Texas, Houston Division, Case No. 23-90147

10% Buyer's Premium and other terms apply.

Online bidding ends April 24th at 2:00 pm ET

Inspection: April 17th at 11:00am CT

Property Address: 1111 Market Street N, Shreveport, LA 71107

Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com


Financials