Historic Office Buildings with
For Sale
$2,350,000
631 Milam, Shreveport, LA 71101
Two connected historic office properties offer professional occupancy, flexible layouts, and included parking in a central business district setting.
Property Size49,242 SF
Price / SF$47.72
Days on Market1915
Property Features for 631 Milam
General Information
Standard status
Active
Size
49,242 SF
Total Parking Spaces
51
Property subtype
Investment
Zoning
D-1-CBD
Amenities
Power
Water
Sewer
Natural Gas
Building Details
Buildings
2
Construction
brick
Tenancy
Multi
Listing Agency:
Walker-Alley & Associates
Listed By:
Chris Stokes · License #BROK.995717623-ASA
(318) 222-2022
Source:
Lacdb.resimplifi
Added: Jul 1, 2021
Changed: Sep 14
Last Checked: Sep 26 at 3:34AM
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 Walker-Alley & Associates
Investment Insights
Based on property information with market context.
This offering combines two historic office buildings with distinct configurations. The 18,996-square-foot 631 Milam property consists of two structures originally built in 1900 and 1901, later joined through a mid-1980s renovation into a three-story Class B office building. It is 50% occupied by medical and professional tenants, with updated interior finishes, multiple split-system HVAC units, and building improvements completed in 2019. The 30,249-square-foot 619 Milam building includes two above-grade floors and a built-out basement suited to open office, sound-stage, recording-studio, or other creative applications.
The properties are located in Downtown Shreveport and carry D-1-CBD zoning. Parking includes 15 spaces in a rear lot and an additional 36-space lot across the street at the corner of Louisiana and Crockett. Both buildings are historic properties eligible for 45% Federal and State Historic Tax Credits, along with other historic development incentives. The 619 Milam building is occupied, while 631 Milam provides an owner-occupant configuration with existing tenancy.
The properties are located in Downtown Shreveport and carry D-1-CBD zoning. Parking includes 15 spaces in a rear lot and an additional 36-space lot across the street at the corner of Louisiana and Crockett. Both buildings are historic properties eligible for 45% Federal and State Historic Tax Credits, along with other historic development incentives. The 619 Milam building is occupied, while 631 Milam provides an owner-occupant configuration with existing tenancy.
Key Highlights
- 18,996‑square‑foot, three‑story Class B office building at 631 Milam
- 30,249‑square‑foot, two‑story building with built‑out basement at 619 Milam
- 631 Milam is 50% occupied by medical and professional tenants
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,496
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two connected historic office properties offer professional occupancy, flexible layouts, and included parking in a central business district setting.
Where is this office building located?
The property is located at 631 Milam Shreveport, LA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 18,996‑square‑foot, three‑story Class B office building at 631 Milam; 30,249‑square‑foot, two‑story building with built‑out basement at 619 Milam; 631 Milam is 50% occupied by medical and professional tenants
