Downtown Office Building with
New
For Sale
$2,400,000
331 Milam Street, Shreveport, LA 71101
Three-level property includes a mezzanine, on-site parking, and an existing USPS lease through October 31, 2028.
Property Size26,045 SF
Lot Size0.94 Acres
Price / SF$92.15
Days on Market5
Property Features for 331 Milam Street
General Information
Standard status
Active
Size
26,045 SF
Total Parking Spaces
78
Elevators
Yes
Lot size
0.94 Acres
Property subtype
Commercial
Zoning
D-1-CBD.
Building Details
Building Size
26,045 SF
Year Built
1980
Buildings
1
Stories
4
Units
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Apex, REALTORS
(318) 455-3661
Listed By:
Andrew Cordaro · License #BROK.995686324-ASA
(318) 455-3661
Source:
1111brokerage
Added: Aug 25
Changed: Aug 28
Last Checked: Aug 28 at 11:32AM
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.
Located at 331 Milam Street in downtown Shreveport, this 26,045 SF office building was constructed in 1980 on 0.94 acres. The property contains three floors plus a mezzanine, with elevator service to levels 1 through 3 and 78 parking spaces. It is zoned D-1-CBD.
The United States Postal Service occupies the first floor under a lease extending through October 31, 2028. Office users occupy the second and third floors on month-to-month leases, providing space for continued office occupancy or consolidation by a larger user. The roof was replaced in 2017 and carries a 20-year warranty.
Building systems include Trane 25-ton and 40-ton HVAC units installed in 2017 for the second and third floors, along with two Carrier 10-ton units installed in 2024 for the first floor. Elevator service is provided by Oracle Elevator Company, and HVAC equipment is serviced quarterly by Storer Servcies.
The United States Postal Service occupies the first floor under a lease extending through October 31, 2028. Office users occupy the second and third floors on month-to-month leases, providing space for continued office occupancy or consolidation by a larger user. The roof was replaced in 2017 and carries a 20-year warranty.
Building systems include Trane 25-ton and 40-ton HVAC units installed in 2017 for the second and third floors, along with two Carrier 10-ton units installed in 2024 for the first floor. Elevator service is provided by Oracle Elevator Company, and HVAC equipment is serviced quarterly by Storer Servcies.
Key Highlights
- 26,045 SF office building on 0.94 acres in downtown Shreveport
- 78 parking spaces with elevator access to floors 1‑3
- USPS occupies the 1st floor under a lease through October 31, 2028
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,473
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Three-level property includes a mezzanine, on-site parking, and an existing USPS lease through October 31, 2028.
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: 26,045 SF office building on 0.94 acres in downtown Shreveport; 78 parking spaces with elevator access to floors 1‑3; USPS occupies the 1st floor under a lease through October 31, 2028
