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Historic Mixed-Use Building
For Sale
$825,000

727 Milam Street, Shreveport, LA 71101

CommercialSale, Shreveport, LA

Property SizeContact for details
Lot Size0.28 Acres
Days on Market76

Property Features for 727 Milam Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description D-1-AC
Subdivision Downtown Historic Shreveport
Lot features Historic District
Directions GPS , corner of Milam and Common.
Standard status Active
APN 181437111001800
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description LOTS 9 & 10 LESS TRIANGULAR TRACT IN LOT 9 FO
Tax Annual Amount 6570
Legal Description LOTS 9 & 10 LESS TRIANGULAR TRACT IN LOT 9 FO

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1927
Floors in Building 4
Number of units 17
Flooring type Concrete
Building materials Brick, Concrete
Roof type Mixed
Listing Agency: Walker-Alley & Associates
Listed By: Danielle Cummings · License #0995687005
Added: Jun 10 Changed: Aug 23 Last Checked: Aug 24 at 7:06AM
MLS# 20977350

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1927, this historic downtown property is offered in shell condition with brick and concrete construction, concrete flooring, and a mixed roof system. The existing building was designed as a 61-room hotel, while the included architectural plans—approved for Historic Tax Credits—provide for 17 residential units and 4 commercial spaces. Public water and sewer serve the property.

The building occupies 0.275 acres at 727 Milam Street in Shreveport, positioned at the intersection of Milam Street and Common Street. It is within both the Downtown Historic District and the Common Art District. The sale includes a parking lot, providing an on-site parking component for the planned mixed-use configuration.

Key Highlights

  • 1927 construction with brick and concrete materials
  • Existing 61‑room hotel building offered in shell condition
  • Historic Tax Credit‑approved plans for 17 residential units and 4 commercial spaces

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

2,355
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 includes approved plans for residential units, commercial spaces, and an accompanying parking lot.
Where is this mixed-use property 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 construction with brick and concrete materials; Existing 61‑room hotel building offered in shell condition; Historic Tax Credit‑approved plans for 17 residential units and 4 commercial spaces
More about this property
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