610 North Market Street, Shreveport, LA, USA 71101
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Asking Price: $649,000
KW Commercial is pleased to offer for sale the M.L. Bath Building, a mixed-use redevelopment opportunity in Downtown Shreveport at an asking price of $649,000.
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 great views of Downtown Shreveport, the Shreveport Riverfront and Festival Plaza. One great feature 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 prime opportunity for a developer to capitalize on the market rate multi-family redevelopment renaissance taking place in Downtown Shreveport.
- Total Sq. Ft. - 45000 sq. ft.
- Total Available Sq. Ft. - 45000 sq. ft.