Downtown Shreveport Office Building For
For Sale
$2,400,000
331 Milam Street, Shreveport, LA 71101
26,045 SF office building with USPS tenant and parking.
Property Size26,045 SF
Price / SF$92,307
Days on Market337
Property Features for 331 Milam Street
General Information
Standard status
Active
Size
26,045 SF
Property subtype
Office
Zoning
D-1-CBD.
Building Details
Building Size
26,045 SF
Year Built
1980
Stories
4
Listing Agency:
Coldwell Banker Apex Realtors
(214) 500-0359
Listed By:
Andrew Cordaro · License #BROK.995686324-ASA
(214) 500-0359
Source:
Cbcworldwide
Added: Sep 10, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Apex Realtors
Investment Insights
Based on property information with market context.
This 26,045 square foot office building is available for sale in downtown Shreveport, situated on 0.94 acres. The property includes 78 parking spaces. The building features three floors and a mezzanine level. The first floor is leased to the United States Postal Service (USPS), generating an annual rental income of $109,720, with the current lease extending through October 31, 2028. The second and third floors are occupied by The Office Hub, with all tenants operating under month-to-month leases. These floors are suitable for an owner-occupant or a large tenant. An elevator provides access to floors 1-3 and is serviced by Oracle Elevator Company. The property is zoned D-1-CBD. The roof was replaced in 2017 and includes a 20-year warranty. A Trane 25-ton and a Trane 40-ton HVAC system were installed in 2017 for the second and third floors. Two Carrier 10-ton HVAC units were installed in 2024 for the first floor (USPS). All HVAC systems are serviced quarterly by Storer Services.
Key Highlights
- Income‑generating property: USPS lease provides $109,720 annual income through October 2028.
- Ideal for owner‑occupant: 2nd & 3rd floors available for immediate use.
- Ample parking: 78 parking spaces available.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,244
Businesses Nearby
Explore this area
Business Placement
Demographics for 71101, LA
6,560
Population
4,548
Households
1.4
Avg Household Size
41
Median Age
13%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
1,562
Density / Sq Mi
$17,924
Median Household Income
$32,135
Median Earnings
$714
Median Rent
$86,500
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - 26,045 SF office building with USPS tenant and parking.
Where is this office building located?
The property is located at 331 Milam Street Shreveport, LA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Income‑generating property: USPS lease provides $109,720 annual income through October 2028.; Ideal for owner‑occupant: 2nd & 3rd floors available for immediate use.; Ample parking: 78 parking spaces available.
