727 Milam St, Shreveport, LA 71101

$825,000

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List Price
$825,000
MLS#
20977350
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1927
Construction Status
Preowned
Acres
0.28
County
Caddo
City
Shreveport
Subdivision
Downtown Historic Shreveport

Property Description

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

Additional Information

Unexempt Taxes
$6,570
Lot Size
11,979
Acres
0.28
Lot Description
Historic District
Flooring
Concrete, Other
Foundation
Brick/Mortar, Concrete Perimeter, Slab
Roof
Mixed
Building Stories
4
Parking Garage
Additional Parking
Possession
CloseOfEscrow
Proposed Use
Hotel/Motel, Industrial, Retail
Inclusions
Building Only

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Danielle Cummings from Walker-Alley & Associates. Contact: 318-222-2022

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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