331 Milam Street
$2,400,000
331 Milam Street Shreveport, LA 71101
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About this listing
DESCRIPTION
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.
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Building Size
26,045 sqft
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Lot Area
0.94 acres
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Year Built
1980
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Zoning
D-1-CBD.
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MLS ID
21007093
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Floors
4
