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Historic Hotel Building with Redevelopment Plans
For Sale
$825,000

727 Milam Street, Shreveport, LA 71101

Shell-condition hotel with approved plans for residential units and commercial spaces, plus an included parking lot.

Property Size27,866 SF
Days on Market31

Property Features for 727 Milam Street

General Information

Standard status Active
Size 27,866 SF
Property subtype Commercial
Zoning D-1-AC

Property Condition

Severity Major Repairs Needed
Evidence shell condition

Building Details

Building Size 27,866 SF
Year Built 1927
Buildings 1
Stories 4
Units 17
Construction concrete
Listing Agency: Walker-Alley & Associates
Listed By: Danielle Cummings · License #0995687005
Source: 1111brokerage
Added: Jul 31 Changed: Aug 30 Last Checked: Aug 24 at 4:26AM

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.

Built in 1927, this historic hotel building contains 27,866 square feet and was constructed with concrete. The property is currently offered in shell condition and includes a parking lot. The existing 61-room configuration is accompanied by architectural plans approved for Historic Tax Credits, envisioning 17 residential units and 4 commercial spaces.

The property is located at 727 Milam St. in downtown Shreveport’s Historic District, within the Common Art District and at the intersection of Common Street and Milam. Its redevelopment framework combines residential and commercial components within a historic hospitality asset.

Key Highlights

  • 1927‑built concrete hotel with 27,866 square feet
  • Existing 61‑room hotel configuration
  • Shell‑condition building with included parking lot

Property Analytics

Current Use

The Creswell Space Community Center

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Store Restaurant 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.

Location Intelligence

Trade Area within ½ mile

2,496
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Shell-condition hotel with approved plans for residential units and commercial spaces, plus an included parking lot.
Where is this hotel located?
The property is located at 727 Milam Street Shreveport, LA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 1927‑built concrete hotel with 27,866 square feet; Existing 61‑room hotel configuration; Shell‑condition building with included parking lot
More about this property
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