Downtown Shreveport Office Building For
331 Milam Street Shreveport, LA 71101
For Sale
$2,400,000
26,045 SF office building with USPS lease in place.
Property Size26,045 SF
Lot Size0.94 Acres
Price / SF$92.15
Days on Market100
Property Features for 331 Milam Street
General Information
Standard status
Active
Size
26,045 SF
Lot size
0.94 Acres
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
Coldwell Banker Apex, REALTORS
(318) 698-1880
Listed By:
Andrew Cordaro · License #BROK.995686324-ASA
(318) 455-3661
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 28 at 6:51PM
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 located in downtown Shreveport on a 0.94-acre lot and includes 78 parking spaces. The building features three floors and a mezzanine. The first floor is leased to the United States Postal Service (USPS), generating an annual rental income of $109,720 through October 31, 2028. The second and third floors are occupied by The Office Hub, with all tenants on 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 with 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
- Existing USPS lease provides $109,720 annual income through October 2028.
- Ideal for owner‑occupant or large tenant with flexible month‑to‑month leases on the 2nd & 3rd floors.
- Downtown Shreveport location with 26,045 SF office building on 0.94 acres.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 26,045 SF office building with USPS lease in place.
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: Existing USPS lease provides $109,720 annual income through October 2028.; Ideal for owner‑occupant or large tenant with flexible month‑to‑month leases on the 2nd & 3rd floors.; Downtown Shreveport location with 26,045 SF office building on 0.94 acres.