1229 Texas Ave., Shreveport, LA
Retail for Sale - $300,000 - 27,000 Sq. Ft. on 0.54 acres
Property Info
| CIMLS# | 925930 |
| Location 1229 Texas Ave. Shreveport LA 71101 | |
| Updated | September 30th, 2017 |
| Type | Retail |
| Price | $300,000 |
| Building | 27,000 Sq. Ft. |
| Land | 0.54 acres |
Property Description
This redevelopment opportunity has been verified with the State of LA as potentially qualifying for Historic Tax Credits (HTCs). 1239 Texas Avenue (separately listed) may also potentially qualify for HTCs, which provides upwards of +/-55,000 SF for redevelopment.
In addition, both 1229 & 1239 Texas Avenue are located in a qualified census tract for New Market Tax Credits (NMTCs). Layering the potential capital stack with HTCs and NMTCs provides significant, below market capital for a redevelopment.
Location Description:
1229 Texas Avenue just north of I-20 in Downtown Shreveport.
Shreveport/Bossier City is part of the area called the Ark-La-Tex, a U.S. socio-economic region where Arkansas, Louisiana, Texas, and Oklahoma intersect. The Shreveport