News Summary
A prime real estate opportunity has emerged in downtown Shreveport as two historic buildings at 864 Texas Avenue are up for sale. Dating back to the late 19th and early 20th centuries, these properties offer 12,000 square feet of potential amidst the downtown arts and culture district. Eligible for historic tax credits, the buildings encourage diverse development options, appealing to investors and developers eager to revitalize this cultural hub.
Shreveport, Louisiana – A prime piece of real estate located at 864 Texas Avenue in downtown Shreveport has hit the market as of June 5, 2025, offering potential buyers a unique opportunity for development. This property encompasses two historic buildings that previously served as furniture stores, the last of which closed operations in the 1980s under the name Lewis Furniture.
The two buildings are notable for their historical significance, with their rich architectural heritage dating back to the late 19th and early 20th centuries. The oldest building on the property was constructed in 1898 and designed by renowned architect N.S. Allen, who is also credited with the nearby Antioch Baptist Church and Logan Mansion. The second structure, built in 1916, was designed by local architect Edward F. Neild, known for his work on significant local landmarks like the Caddo Parish Courthouse and C.E. Byrd High School. Together, these buildings offer a combined total of approximately 12,000 square feet of space, consisting of four distinct bays.
Although the buildings currently lack roofs, they are eligible for historic tax credits, which can provide buyers with up to 40% of qualified renovation costs. This financial incentive can significantly lower the barrier to entry for prospective developers looking to restore these structures.
Strategically located directly across from Caddo Common Park, the property is situated within the Downtown Arts and Culture zoning district of Shreveport. This zoning designation permits a broad spectrum of uses, presenting numerous possibilities including bars, art galleries, studios, residential spaces above ground level, and educational facilities. The design of the buildings features numerous windows that offer a naturally lit interior, enhancing their appeal for various uses.
Additionally, the sale includes a loading dock located at the back of the property, providing essential logistical support for businesses or residential projects. The property is also bordered by additional green space to the south, contributing to its charm and potential community value.
The buildings at 864 Texas Avenue represent what real estate professionals describe as a “blank canvas” with “endless potential for development.” This prospect makes it a highly attractive option for developers and investors seeking to make their mark in the vibrant downtown area. The surrounding community and the city as a whole have shown interest in revitalizing and enhancing the downtown arts and culture district, making this location ripe for new investment.
Historical context adds further significance to this property. The area surrounding Texas Avenue has long been known as a cultural hub within Shreveport, making the revitalization of these buildings an appealing project for those looking to contribute to the city’s architectural and cultural landscape.
The announcement of the sale has been met with interest from various sectors, including real estate developers, local artists, and community organizations, all recognizing the potential of these historic structures to play a pivotal role in the ongoing transformation of downtown Shreveport. With their historical pedigree, strategic location, and the availability of financial incentives through historic tax credits, the buildings at 864 Texas Avenue present an unparalleled opportunity for growth and development in a city eager for rejuvenation.
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Additional Resources
- Shreveport Bossier Advocate: Lewis Furniture on Shreveport’s Texas Avenue Is For Sale
- Wikipedia: Shreveport, Louisiana
- Shreveport Times: Historic Properties for Sale
- Google Search: Historic Tax Credits
- Shreveport City Website
- Encyclopedia Britannica: Architecture
- Shreveport Chamber of Commerce
- Google News: Shreveport Development
