
$2,400,000 USD
Commercial for Sale, 331 Milam Street, Shreveport, Louisiana 71101
- MLS#21007093
2,420 m² (26,045 ft²)
Listed By Coldwell Banker Apex, REALTORS
The Commercial Property for Sale located at 331 Milam Street, Shreveport, Louisiana 71101 is currently for sale. 331 Milam Street, Shreveport, Louisiana 71101 is listed for $2,400,000.
Property features
Property
- Property size:
2,420 m² (26,045 ft²)
Lot/Land
- Land/Lot size:
0 m² (0.94 ft²)
Construction
- Year built: 1980
- Roof type: Flat
- Condition: Resale
- Basement and foundation: On Slab
- Exterior: Stucco
Interior Features
- Floors: WoodCarpet
Heating and Cooling
- Heating system: Central
- Cooling system: Central
Utilities
- Other utilities: City WaterCity Sewer
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.
Location
331 Milam Street, Shreveport, Louisiana 71101