727 Milam Street Shreveport, LA $ 825,000
727 Milam Street
$ 825,000
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727 Milam Street

Shreveport, LA, 71101
$ 825,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,147

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Commercial Property for sale in Shreveport, LA

for $825,000. This building was built in 1927 on a lot size of 0.275.

This Historic 61 Room Creswell Hotel in downtown Shreveport's Historic District was originally built in 1927 as Shreveport’s first Fire Proof Hotel due to its concrete construction. A Buyer will inherit the building in a shell condition with a set of Historic Tax Credit approved architectural design plans for 17 Residential Units and 4 Commercial spaces. The purchase includes a parking lot. Very Cool Building.Great Location on Common Street at Milam with Parking in Downtown Shreveport Historic Tax Credits Approved for included architectural design Property is in the Common Art District and Downtown Historic District

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Commercial Active

Price

$ 825,000

Property Type

Commercial

Taxes

$ 6,570

Style

Hotel/Motel

Lot Size

0.275

Year Built

1927

Town/City

Shreveport

County/Region

Caddo

MLS | Web ID

20977350

Features
General
Heating Other
Cooling Other
Utilities Cable Available City Sewer City Water Concrete Electricity Available Individual Gas Meter
Ceiling Height 11 to 14 Feet 15 to 20 Feet
Possession Closing/Funding
Roof Mixed
Year Built 1927
Business Type Mixed
Property Subtype Hotel/Motel
Subdivision Name Downtown Historic Shreveport
County Caddo
Property Type Commercial Sale
Construction Materials Brick Concrete
Year Built Details Preowned
Status Active
Directions GPS corner of Milam and Common.
City Shreveport
Standard Status Active
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Interior
Flooring Concrete Other
Total Stories 4
Total Units 17
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Exterior
Lot Size Source Assessor
Parking Features Additional Parking
Lot Size Less Than .5 Acre (not Zero)
Foundation Brick/Mortar Concrete Perimeter Slab
Building Area Total 27866.00
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Internal Only
Street Number 1 727
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* Excluded Features
List By
Danielle Cummings

Listing Agent

Walker-Alley & Associates

Broker

Affordability Calculator

$5,694
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,147
Monthly Property Taxes
$548
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2025$825,000 Listed Price

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727 Milam Street, Shreveport, LA, 71101 is a Commercial Property for sale at $825,000 with a lot size of 0.275. 727 Milam Street was built in 1927. The property's zip code is 71101 which is in Shreveport, LA