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Office Building with Mezzanine
New
For Sale
$2,400,000

331 Milam Street, Shreveport, LA 71101

Three-level downtown property includes elevator service, dedicated parking, and a mix of leased and flexible office areas.

Property Size26,045 SF
Lot Size0.94 Acres
Price / SF$92.15
Days on Market2

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
Zoning D-1-CBD

Building Details

Buildings 1
Stories 3
Building Size 26,045 SF
Tenancy Multi
Listing Agency: Coldwell Banker Apex, REALTORS
Listed By: Andrew Cordaro · License #995686324
Source: Pinkston-harris
Added: Sep 14 Last Checked: Sep 14 at 2:26PM

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.

The 26,045 SF office building occupies 0.94 acres and includes three floors plus a mezzanine. An elevator serves floors 1-3, while the property provides 78 parking spaces. The first floor is leased to the United States Postal Service through October 31, 2028. The second and third floors contain The Office Hub, with tenants operating on month-to-month leases and space suited to an owner-occupant or larger office user.

Located at 331 Milam Street in downtown Shreveport, the property is zoned D-1-CBD. The roof was replaced in 2017 and carries a 20-year warranty. Mechanical improvements include Trane 25-ton and 40-ton HVAC units installed in 2017 for floors 2 and 3, plus two Carrier 10-ton units added in 2024 for the first floor. HVAC equipment is serviced quarterly.

Key Highlights

  • 26,045 SF office building on 0.94 acres
  • 78 parking spaces with elevator access to floors 1‑3
  • Three floors plus a mezzanine

Property Analytics

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Current Use

Mills Lawyers: Cranford ... Law Firm Lets_talk_with_Defunda Life Coach LaFitte Holding Corporation Holding Company Tech HUB Institute High School Home & Harbor LLC Roofing Company

Suggested Use

Top Pick Grocery & Convenience Store Veterinary Clinic Pharmacy (Bike/Boat/Book/etc) Store Barber Shop Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,473
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-level downtown property includes elevator service, dedicated parking, and a mix of leased and flexible office areas.
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; 78 parking spaces with elevator access to floors 1‑3; Three floors plus a mezzanine
More about this property
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