331 Milam ST, Shreveport, LA 71101
331 Milam ST, Shreveport, LA 71101
331 Milam ST, Shreveport, LA 71101
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$2,400,000
Est. payment /mo
26,045 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 26,045 sqft

Price per Sqft $92

Subdivision Downtown

MLS Listing ID 21007093

HOA Y/N No

Year Built 1980

Annual Tax Amount $16,483

Lot Size 0.940 Acres

Acres 0.94

Property Sub-Type Office

Property 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

State LA

County Caddo

Zoning D-1-CBD.

Direction GPS

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Wood

Inclusions Building Only, Land & Improvements

Fireplace No

Exterior

Parking Features Concrete

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Flat

Private Pool No

Building

Story 4

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID 181437148003900

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21007093


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