619 & 631 Milam Buildings for Sale w Parking
631 Milam, Shreveport, LA 71101

Overview
631 Milam has 18,996 sq. ft. and is currently a historically restored 3 story Class B office building that is 50% occupied with medical and professional tenants in Downtown Shreveport. This building is ideal for an owner occupant. It can also be converted into as many as 12 Lofts using Federal and State Historic Tax Credits along with other historic development tax incentives. 631 Milam is actually two buildings built in 1900 & 1901 and renovated together in the mid 1980’s into one office building. Well maintained with new roof, exterior brick mortar cleaned and repointed, stucco reworked and painted in 2019. Updated interior finishes. Multiple split system HVAC. 15 parking spaces in rear lot with additional 36 in lot across the street corner Louisiana and Crockett.
619 Milam the former Goldrings Department Store is a 30,249 sq. ft. two story building with a built out basement that is ideal for an open office conversation, sound stage, recording studio or other creative use. Federal and State Historic Tax Credits and other incentives are also available to the developers.
619 & 631 Milam are Historic Buildings qualifying for 45% Federal and State Historic Tax Credit
Two parking lots are included in the sale
Both Building are currently occupied
Attachments
For Sale
Secondary Uses: Flex Space
- Sale Price
- $2,350,000
- Price Per SF
- $47.7/SF
- Cap Rate
- 0.66%
- Building Size
- 49,242 SF
- Acres
- 0.074 ac
- Zoning
- D-1-CBD
- Gross Income
- $19,160
- Net Operating Income
- $15,488
- Parking Income
- $12,378.39
- Building Name
- Shepherd Blanchard Building
- Building Class
- B
- Number of Buildings
- 1
- Floors
- 3
- Year Renovated
- 1998
- Construction Siding
- Brick
- Construction Type
- Masonry
- Parking Type
- Surface
- Submarket
- OZ - LA Caddo
- Nearest MSA
- Shreveport-Bossier City
- Property Use Type
- Business
- Property Status
- Existing
- Average Occupancy Rate
- 75%
- In Opportunity Zone
- Yes
- County
- Caddo Parish
- Created
- 07/13/2021
- Updated
- 09/26/2025
- Listing ID
- b8343266
- Parcel APN
- 181437177000100

























