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Historic Mixed-Use Redevelopment
New
For Sale
$825,000

727 Milam St, Shreveport, LA 71101

Shell-condition property with approved plans for residential units and commercial space in a historic downtown district.

Property Size27,866 SF
Price / SF$29.61
Days on Market2

Property Features for 727 Milam St

General Information

Standard status Active
Size 27,866 SF

Property Condition

Severity Major Repairs Needed
Evidence shell condition

Additional Details

Road Access Yes

Building Details

Year Built 1927
Buildings 1
Construction concrete
Listing Agency: Walker-Alley & Associates
Listed By: Danielle Cummings · License #0995687005
Source: Minteerteam
Added: Sep 8 Last Checked: Sep 8 at 2:44PM

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 27,866 SF mixed-use property was originally developed as a 61-room hotel and features concrete construction. The building is offered in shell condition, providing a substantial existing structure for redevelopment.

Included architectural plans approved for Historic Tax Credits outline 17 residential units and 4 commercial spaces. The purchase also includes a parking lot. The property is located at 727 Milam St in Shreveport’s Downtown Historic District and Common Art District, at the corner of Common Street and Milam.

Key Highlights

  • 27,866 SF mixed‑use building constructed in 1927
  • Former 61‑room hotel with concrete construction
  • Shell‑condition property for redevelopment

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.

Lease Details

Yes
Paved road access

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Shell-condition property with approved plans for residential units and commercial space in a historic downtown district.
Where is this mixed-use property located?
The property is located at 727 Milam St 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: 27,866 SF mixed‑use building constructed in 1927; Former 61‑room hotel with concrete construction; Shell‑condition property for redevelopment
More about this property
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