Monroe, LA Retail Property For Sale

John Rea Realty is pleased to present the exclusive listing for a Redevelopment Opportunity located at 2401 Louisville Ave in Monroe, LA.

The site consists of approximately 2,958 SF of QSR with drive-thru and 15,000 SF of asphalt surface parking on an estimated 1.95 AC of land with billboard income.

The site benefits from strong visibility and exposure to Louisville Ave, one of Monroe's main business arteries, which sees well over 21,000 vehicles per day.

Signalized traffic lights at one of the property's access points allows for easy flow of traffic to and from the site.

B-3 Zoning (general business/commercial district) provides a wide range of retail and business uses; excellent when considering redevelopment.

Adjacent properties include National/Regional Retail Tenants: Arby's, Whataburger, Bojangles, Catfish Charlie's, Office Depot, Roses Express, Walmart,Raising Canes, Ollie's, AT&T, GameStop, Walgreen's, BooksAMillion, Planet Fitness, Firehouse Subs, Pizza Hut.

In a market where demand for presence along this high-traffic commercial corridor is drastically outstripping supply; now is the time to buy!

PRIME Commercial Lots in Tower-Armand Business Park!

Perfectly sized for most professional offices, retail, medical, dental, restaurant or multi-family end-uses. Centrally located with close proximity to Monroe's business, medical, financial and university corridors.

Excellent visibility and ease of access from Armand-Connector/Ferrand Street to Hwy 165/Sterlington Rd and I-20.

Lot 1 - .73 AC fronts Armand Connector - $9.95 PSF.

Lot 2 - .92 AC fronts Ferrand Street - $8.50 PSF.

Total Available: 1.65 AC

Restrictions per B-2 Neighborhood Business District and Seller approval of

end-use. All utilities available to site. Not in a Flood Zone.

Calling all Developers/Investors!!!

Rare Value-Add Opportunity!

Property to be sold “Where is-As is."

10,091 SF Shopping Plaza on 1.19 AC with excellent LOCATION and VISIBILITY on Hwy 165/Sterlington Rd next to Waffle House and CVS Pharmacy just off Forsythe Extension. Traffic Count at 28K+/Day.

Owner Updates 2023: New Exterior Paint. New Roof. New Exterior Lighting. Fresh Parking Lot Striping.

8 HVAC Units: All Units 5 Ton 20 KW; Single Phase 230 VAC.

6 of the 8 are at "end of life" manufacturer estimate.

Units last serviced March, 2023. Still functioning.

Buyer has option to update interior spaces for continued retail/office leasing; building around 2 excellent long-standing tenants or repurpose entirely. Not in city limits. Would require application for building permit with the parish.

Current build out:

2905: 1250 SF with 2 Restrooms. (Dental Office)

2907: 1250 SF with 1 Restroom. (Vacant - Former Dog Groomer)

2909: 1250 SF with 1 Restroom. (Vacant - Former Salon)

2911: 2500 SF with 2 Restrooms. (Vacant - Former Restaurant and Grocery)

2913: 1250 SF with 2 Restrooms. (Nail Salon)

2915: 1250 SF with 1 Restroom. (Vacant - Former Enterprise Rent-A-Car)

2917/2919: 2500 SF with 2 Restrooms. (Vacant - Former Restaurant then Retail)

Parking: 30,000 SF Concrete Surface / 50 Parking Spaces.

Call list agent to discuss current tenant information and unseen potential revenue.

BRAND NEW PRICE! Now $51,000 below appraised value!

New Options: Owner Financing, Lease Purchase, or Lease: $8,000/mo NNN.

Bayou Landing. The Venue with a View.

Now is your opportunity to own what is known as one of the most beautiful, convenient and accommodating event venues in Monroe.

The venue features a 5,500 square feet hall with two beautifully appointed interior levels, cathedral ceilings, bridal/groom suites, a warming kitchen, 4 restrooms, decks winding over the bayou along with outdoor deck seating and underwater lighting specifically designed to showcase and compliment the stunning views of the Bayou.

From the indoor and outdoor reception areas to exquisite lush landscapes, this Monroe favorite can make any event an exceptional experience for any guest. Designed for hosting Corporate Gatherings, Family and Class Reunions, Wedding Rehearsals/Ceremonies/Receptions, Proms and Graduations.

The space easily entertains seated meals for 200 guests, hors d’oeuvres reception for 300 guests, and cocktail-style/standing celebrations for 400 guests.

Ample parking. Electric/Water connects at front of parking near road for additional food truck/catering needs.

List price includes building and land only.

All FF&E/Inventory is available for an additional $100,000.

Great, wide-open building, sprinklered, concrete block construction, open ceiling to roof decking, 40+ concrete parking spaces, 3-phase electric. Measurements are approximate. Information is deemed reliable but not guaranteed.

The church is located in the heart of North Monroe. It has outgrown its current facilities. There are seven church offices, seven classrooms, and a 7,200 SF sanctuary that will seat up to 400. They are renting an extra parking lot. There is a remodeled entry complete with restrooms. A great facility for any growing church! Information for this listing is deemed reliable, but not a guaranteed.