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Downtown Shreveport Mixed-Use Building
For Sale
$495,000
Pending

619 Milam St, Shreveport, LA 71101

Former retail building with renovation potential in a Federal Opportunity Zone.

Property Size30,246 SF
Days on Market2696

Property Features for 619 Milam St

General Information

Standard status Pending
Size 30,246 SF
Property subtype Retail
Zoning D-1-CBD

Amenities

Power
Water
Sewer
Natural Gas

Building Details

Year Built 1963
Listing Agency: Walker-Alley & Associates
Listed By: Chris Stokes · License #BROK.995717623-ASA
Source: Lacdb.resimplifi
Added: Jun 3, 2019 Changed: Oct 1 Last Checked: Oct 16 at 5:55AM

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

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Investment Insights

Based on property information with market context.

Located at 619 Milam Street in downtown Shreveport, this former retail building is available for sale. The property offers renovation potential through Historic Tax Credits and is situated in a Federal Opportunity Zone. The building features a large, open 1st floor spanning 11,585 square feet, complemented by an open 2nd story mezzanine of 5,475 square feet. Additionally, the property includes a finished basement of 12,115 square feet, which comprises several large rooms and an overhead door. The historic parking garage for 619 Milam, located at 610 Crockett, is also for sale.

Key Highlights

  • Large 11,585 sq. ft. open 1st floor.
  • Eligible for Historic Tax Credits.
  • Located in a Federal Opportunity Zone.

Property Analytics

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Current Use

My Office Supply (Bike/Boat/Book/etc) Store

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Former retail building with renovation potential in a Federal Opportunity Zone.
Where is this mixed-use property located?
The property is located at 619 Milam St Shreveport, LA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Large 11,585 sq. ft. open 1st floor.; Eligible for Historic Tax Credits.; Located in a Federal Opportunity Zone.
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