417 Texas St

The subject property is a premier retail investment asset located in the heart of downtown Shreveport’s Central Business District. Constructed during the early 20th-century commercial boom (circa 1920), the building is a well-preserved example of the era's industrial architecture. The structure is characterized by its original cast-iron columns and windowsills, manufactured locally by W.K. Henderson Iron Works, a historical staple of the region's industrial core.

Currently, the property is 100% occupied by The Noble Savage, a long-standing restaurant and tavern that has become a localized destination for high-quality cuisine and live entertainment. The asset maintains its original footprint and structural integrity, offering a versatile floor plan that supports its current hospitality use while providing a foundation for long-term adaptive reuse.

Location & Market Drivers: Situated on Texas Street—the primary commercial spine of downtown Shreveport—the property occupies a strategic position on the Commercial Historic Row. The site is centrally located between the Central Business District and the Cultural Arts District, ensuring visibility and engagement across multiple demographics.

• Employment & Civic Anchors: The property is in immediate proximity to the Caddo Parish Courthouse, Government Plaza, and Southern University.
• Economic Density: The surrounding area supports over 1,500 businesses and a dedicated daytime workforce of approximately 14,000 employees, providing a consistent consumer base.
• Regional Connectivity: The location offers superior logistical access to major transportation arteries, including Interstates 20 and 49, and is minutes away from the LA Boardwalk and the Bossier City market.

Historical Significance: The property represents a significant piece of Shreveport’s mercantile history. As a contributing structure to the downtown historic fabric, the building served as a primary retail and service hub during the city’s early 1900s expansion and the subsequent mid-century oil boom.

The inclusion of W.K. Henderson Iron Works structural elements adds a layer of architectural value and rarity to the investment. Throughout its 100-year history, the asset has demonstrated exceptional resilience, evolving from a traditional retail space into a pillar of the downtown entertainment district. This historical pedigree provides an investor with a unique marketing advantage and an asset with a proven track record of longevity.

Please contact Roland Ricou, agent, for lease and income & expense information.