204 Milam St Shreveport, LA 71101
This exceptional two-story office building, located at 204 Milam Street in Shreveport, Louisiana, presents a unique investment opportunity. Boasting 3,292 square feet, the property is situated in the vibrant Red River District, offering immediate proximity to a variety of restaurants, bars, and retail establishments. The building features five completed office suites, a welcoming reception area, and a convenient breakroom, all ready for immediate occupancy. Upstairs, two additional office suites provide potential for expansion, renovation, or use as storage space. Ample parking is available at the rear of the building. The property sits on a 0.07-acre lot and is zoned D-1-E, designating it for use within the Downtown Entertainment District. This zoning allows for a diverse range of commercial uses, enhancing its investment potential. The building's solid construction and desirable location make it an ideal investment for both owner-occupants and investors seeking a strong return. The asking price for this turnkey property is $250,000. This represents a compelling opportunity to acquire a well-located, established office building in a thriving urban core. The property's existing infrastructure and convenient amenities make it an attractive option for a variety of businesses. Don't miss this chance to own a piece of Shreveport's vibrant downtown scene.
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Van Hook Law Office Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.