News Summary
Two historic buildings in downtown Shreveport are now available for sale, offering a prime opportunity for restoration and development. Located in the arts and culture district, these structures, dating back to the late 1800s and early 1900s, are eligible for significant historic tax credits. As Shreveport’s demand for commercial spaces increases, these buildings stand as a promising canvas for potential developers looking to revitalize the area while preserving its rich heritage.
Shreveport – Two historic buildings located in downtown Shreveport are now on the market, presenting a unique opportunity for developers and investors. On Thursday, June 5, 2025, signage appeared in front of the structures at 864 Texas Avenue, indicating they are for sale. The properties are located in the arts and culture district of Shreveport Common, directly across from Caddo Common Park.
The two buildings in the 800 block of Texas Avenue have a rich history, with the oldest constructed in 1898 and originally designed by architect N.S. Allen for the Independent Order of Odd Fellows. The adjacent building, designed by notable architect Edward F. Neild, was completed in 1916. Both structures, which total approximately 12,000 square feet and four bays, stand out for their architectural significance.
Currently, the properties are in a state of disrepair, with the structures consisting of four walls and lacking roofs. Despite their condition, they are eligible for historic tax credits which could offer financial incentives amounting to 40% of all qualified rehabilitation costs. This makes the acquisition of the buildings particularly attractive for those interested in restoration projects.
The zoning designation for the properties falls under the Downtown Arts and Culture district. This designation permits a variety of development options including, but not limited to, bars, art galleries, studios, educational facilities, or residential spaces that may occupy floors above the ground level. The overall potential for transforming these historic structures is extensive, thanks to their prominent location and favorable zoning.
In addition to their location and historic significance, the buildings are designed to benefit from abundant natural light, thanks to numerous windows. The rear of the property includes a loading dock, adding logistical advantages for potential business developments. Furthermore, additional green space bordering the property to the south enhances the overall appeal of the site for prospective buyers.
As Shreveport continues to evolve, the demand for commercial and mixed-use spaces in downtown areas has increased. The availability of these historic buildings is expected to attract interest from various sectors aiming to contribute to the revitalization of the city’s core. The brokerage and leasing agent from Vintage Realty highlighted the versatility of the properties, describing them as a “blank canvas” for potential development.
First impressions of the site reveal a combination of historic charm and significant redevelopment potential. With the right vision and investment, these buildings could play a vital role in reenergizing the downtown atmosphere and supporting the growth of the local economy.
Investors and developers interested in this unique opportunity are encouraged to consider the historical attributes, location, and potential benefits of rehabilitating these structures. As Shreveport moves forward, projects like this could redefine the cultural landscape of the downtown area.
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Additional Resources
- Shreveport Bossier Advocate: Lewis Furniture on Shreveport’s Texas Avenue is for Sale
- Wikipedia: Architectural Significance
- Shreveport Bossier Advocate: Real Estate News
- Google Search: Historic Tax Credits
- City of Shreveport: Development Services
- Encyclopedia Britannica: Downtown
- Shreveport Bossier Advocate: Texas Avenue Restoration
- Google News: Shreveport Development
Author: STAFF HERE SHREVEPORT WRITER
The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.
