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Two-Story Historic Office Building
For Sale
$1,661,025

214 Milam St, Shreveport, LA 71101

D-1-E zoning, dual entrances, and on-site parking support office use in downtown Shreveport.

Property Size19,426 SF
Price / SF$85.51
Days on Market833

Property Features for 214 Milam St

General Information

Standard status Active
Size 19,426 SF
Property subtype Office
Zoning D-1-E

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes

Amenities

Power
Water
Sewer

Building Details

Year Built 1871
Buildings 1
Stories 2
Building Size 19,426 SF
Listing Agency: Sealy Real Estate Services LLC
Listed By: Jackson Wheless · License #0995689490
Source: Lacdb.resimplifi
Added: Jul 9, 2024 Changed: Oct 5 Last Checked: Oct 16 at 5:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sealy Real Estate Services LLC

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Investment Insights

Based on property information with market context.

This two-story office building contains 19,426 square feet and is positioned for professional office use under D-1-E zoning. The property includes front and rear entrances, on-site parking, additional parking across the street from the 601 Spring Event Venue, and city parking spaces along the frontage. Its documented history includes operation as Talley’s Opera House beginning in 1871 and later use as a United Service Organization center during WWI.

Located at 214 Milam St in downtown Shreveport, the building sits between Market and Spring Street within an opportunity zone. Festival Plaza and Interstate 20 are one block away, while the LA Boardwalk, Texas Street bridge, and the Interstate 220 and Interstate 49 interchange are minutes from the property.

Key Highlights

  • 19,426 SF office building with two floors
  • D‑1‑E zoning for office use
  • Front and rear building entrances

Property Analytics

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Current Use

Life Insurance Co ... Insurance Agency Bennett Ronald Insurance Agency Querbes and Nelson Insurance Insurance Agency Parsons John Insurance Agency

Suggested Use

Top Pick Grocery & Convenience Store Veterinary Clinic Pharmacy (Bike/Boat/Book/etc) Store Barber Shop Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,473
Businesses Nearby

Demographics for 71101, LA

6,560
Population
4,548
Households
1.4
Avg Household Size
41
Median Age
13%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
1,562
Density / Sq Mi
$17,924
Median Household Income
$32,135
Median Earnings
$714
Median Rent
$86,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - D-1-E zoning, dual entrances, and on-site parking support office use in downtown Shreveport.
Where is this office building located?
The property is located at 214 Milam St Shreveport, LA.
What is the asking price?
The asking price for this property is $1,661,025.
What are key features of this property?
This property features: 19,426 SF office building with two floors; D‑1‑E zoning for office use; Front and rear building entrances
More about this property
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