Shreveport, LA 71103 1501 Peabody Street

Back on the market because out of town group unable to secure the financing for the project they proposed. Redevelopment opportunity in the west end of downtown. In Historic Ledbetter Heights just off the once thriving Texas Avenue. Existing building has no value and sits on 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 can be possible and who is willing to lean in for all the right reasons. Church to condo conversions are a thing in real cities across the country. Taking advantage of state and federal tax credits available for redevelopment of historic properties could be a win-win-win.