422 Milam St
Shreveport, LA 71101
Local commercial Bien À vendre

Located next door to the historic Johnson Building in downtown Shreveport, this 6,000 SF space presents an opportunity for a full-scale revitalization. Formerly home to Pano’s Diner, the property benefits from its enviable position near the Caddo Parish Courthouse, surrounding office towers, the Shreveport Convention Center, and a cluster of casinos that collectively drive strong foot traffic and consistent local engagement. Positioned within a federally designated Opportunity Zone, the asset is also approved for a 45% federal and state tax credit on all monies spent to rehab the building, enhancing long-term investment returns.
The space appeals to restaurateurs, bar operators, and forward-thinking business concepts seeking a character-rich canvas. Tenants will appreciate the building's architectural charm fused with potential for a modernized finish—creating an environment that combines historical depth with contemporary design. Its location, just steps from government services and hospitality nodes, positions the property as a gateway for both daily professional traffic and visiting patrons. With versatile usage allowances and a floor plan suited for open layouts or segmented seating, 422 Milam offers a rare platform for imaginative concepts prepared to contribute to the resurgence of downtown Shreveport’s dining and entertainment experience.