610 Market St | Shreveport, LA 71101
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610 Market St
Shreveport, LA 71101
Retail Property For Sale
Executive Summary
KW Commercial is pleased to offer for sale the M.L. Bath Building, a mixeduse redevelopment opportunity in Downtown Shreveport.
The original building, built in 1921 by M.L. Bath, this beautiful historic building was continuously operated as M.L. Bath Co., an office supplies/
furniture retail store and a commercial printing and paper supply company until the business was sold in the mid-2010s and moved out of Downtown
Shreveport.
This 45,000 SF concrete-and-masonry shell features a full basement, four (4) above ground floors in the original building and two (2) above ground
floors in the expansion building, which M.L. Bath constructed shortly after opening the main building. The basement is semi-above ground, with direct
access from the rear of the buildings via rollup doors. The rooftop has idyllic views of Downtown Shreveport, the Shreveport River Front and Festival
Plaza.
One of the most alluring features of this redevelopment is the configuration of the second, third and fourth floors, which provide footprints that could
easily convert into multiple market-rate multi-family units. In addition, the roof over the two-story building could be converted to an outdoor
entertainment setting for future residents.
The M.L. Bath Building is a great opportunity for a developer to capitalize on the market-rate multi-family redevelopment renaissance taking place in Downtown Shreveport.
The original building, built in 1921 by M.L. Bath, this beautiful historic building was continuously operated as M.L. Bath Co., an office supplies/
furniture retail store and a commercial printing and paper supply company until the business was sold in the mid-2010s and moved out of Downtown
Shreveport.
This 45,000 SF concrete-and-masonry shell features a full basement, four (4) above ground floors in the original building and two (2) above ground
floors in the expansion building, which M.L. Bath constructed shortly after opening the main building. The basement is semi-above ground, with direct
access from the rear of the buildings via rollup doors. The rooftop has idyllic views of Downtown Shreveport, the Shreveport River Front and Festival
Plaza.
One of the most alluring features of this redevelopment is the configuration of the second, third and fourth floors, which provide footprints that could
easily convert into multiple market-rate multi-family units. In addition, the roof over the two-story building could be converted to an outdoor
entertainment setting for future residents.
The M.L. Bath Building is a great opportunity for a developer to capitalize on the market-rate multi-family redevelopment renaissance taking place in Downtown Shreveport.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
43,165 SF
Building Class
B
Year Built
1922
Price
$599,000
Price Per SF
$14
Tenancy
Single
Building Height
4 Stories
Building FAR
6.70
Lot Size
0.15 AC
Opportunity Zone
Yes
Frontage
52 FT on Market St
PROPERTY TAXES
| Parcel Number | 181437-148-0041-00 | Improvements Assessment | $40,332 |
| Land Assessment | $9,675 | Total Assessment | $50,007 |
PROPERTY TAXES
Parcel Number
181437-148-0041-00
Land Assessment
$9,675
Improvements Assessment
$40,332
Total Assessment
$50,007
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