About 331 Milam Street
26,045 SF downtown Shreveport office building for sale situated on 0.94 acres, and offering 78 parking spaces. Office building contains 3 floors and a mezzanine. United States Postal Service (USPS) leases the 1st floor which generates rental income of $109,720 annually, with the current lease term running through October 31, 2028. The Office Hub is located on the 2nd & 3rd floors with all tenants under Month-To Month leases. The 2nd & 3rd floors would be ideal for an owner-occupant or large tenant. Elevator is accessible for floors 1-3, and is serviced by Oracle Elevator Company. Zoned D-1-CBD. Roof replaced in 2017 with a 20-year warranty. Trane 25-ton and Trane 40-ton HVAC installed in 2017 for the 2nd & 3rd floors. Two Carrier 10-ton HVAC units installed in 2024 for the 1st floor (USPS). All HVAC systems are serviced quarterly by Storer Servcies.
Features of 331 Milam Street
| MLS® # | 21007093 |
|---|---|
| Price | $2,400,000 |
| Bathrooms | 0.00 |
| Acres | 0.94 |
| Year Built | 1980 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 331 Milam Street |
|---|---|
| Subdivision | Downtown |
| City | Shreveport |
| County | Caddo |
| State | LA |
| Zip Code | 71101 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Garages | Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Fireplace | No |
| # of Stories | 4 |
| Stories | 4 |
Exterior
| Roof | Flat |
|---|---|
| Construction | Stucco |
| Foundation | Slab |
Additional Information
| Zoning | D-1-CBD. |
|---|
Listing Details
| Agent | Andrew Cordaro |
|---|---|
| Office | Coldwell Banker Apex, REALTORS |
| Contact Info | 318-861-2461 |