2,805 SF Downtown CBD!

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30393103
Property Subtypes: Executive Suites, Governmental, Medical, Mixed Use, Flex Space, Net Leased, Office Building, Other
Building Size (RSF): 2,805 SF
Gross Building Area: See Agent
Gross Land Area: 0.26 Acres
Sale Price: $250,000
Unit Price: $89.13 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/12/2019

Overview / Comments

Available for Purchase or Lease - April 1, 2019.

2,805 SF professional office building showcasing original/refinished hardwood flooring throughout conference room, 4 large executive offices and extra wide connecting hallway. Carpeted flooring in back common area and 2 office/storage spaces in rear. Kitchen/break room/pantry is tiled. 2 Restrooms. Four separate storage closets, walk-through pantry (kitchen to office) as well as extra storage space in upstairs attic.

Updated in 2017-18: 2" closed cell foam insulation under entire building, painted exterior and interior (interior paint new - late 2018), new water heater, new bathroom toilets/water fixtures, new carpet and professional landscaping.

Excellent visibility on the corner of Pine St and N 4th St in the Central Business District of Monroe. Just two blocks off of Louisville Ave/Bus Hwy 165 and Lea Joyner Bridge.

Area Businesses: Weil Cleaners, Diversity One Staffing, Signature Loan, Monroe Fire Department, Warehouse No 1 Restaurant, Coney Island Riverside, Governor's Cigar and Pipe, Taste of India, Enoch's Pub & Grill.

Option to Lease at $2,100/month. Lease Type: NN. Lease Term: 24 months.
For more information or to schedule a private showing, please call listing agent.

Additional Details

Nearest MSA: Monroe
County: Ouachita
Taxing Authority: Ouachita Parish
Tax ID/APN: 74887.
Zoning: COMMERCIAL
Property Located Between: Olive St and Pine St
Property Visibility: Excellent
Highway Access: Business Hwy 165/Hwy 80/Interstate 20
Airports: Monroe Regional Airport - 11 min (5.4 mi) via LA-594/Millhaven Rd
Site Description: .261 +/- Acres. Free Standing Building. Built in 1967. Renovated/Updated in 2017-18: 2" closed cell foam insulation under entire building, painted exterior and interior (interior paint new - late 2018), new water heater, new bathroom toilets/water fixtures, new carpet and professional landscaping.
Area Description: Area Businesses: Weil Cleaners, Diversity One Staffing, Signature Loan, Monroe Fire Department, Warehouse No 1 Restaurant, Coney Island Riverside, Governor's Cigar and Pipe, Taste of India, Enoch's Pub & Grill.
Total Number of Buildings: 1
Number of Stories: 15
Typical SF / Floor: 2,805 SF
Year Built: 1967
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Construction: Wood/Vinyl. Roof: Composition. Parking Surface: Concrete/10 Spaces. Professional Landscaping.
Parking Type: Surface
Parking Description: Parking Surface: Concrete/10 Spaces. Wrap handicapped accessible ramp from rear to front entry.
Total Parking Spaces: 10
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Satellite
Interior Description: 2,805 SF professional office building showcasing original/refinished hardwood flooring throughout conference room, 4 large executive offices and extra wide connecting hallway. Carpeted flooring in back common area and 2 office/storage spaces in rear. Kitchen/break room/pantry is tiled. 2 Restrooms. Four separate storage closets, walk-through pantry (kitchen to office) as well as extra storage space in upstairs attic.
Zoning Description: Central Business District/Commercial
Lot Frontage: 144.66
Lot Depth: 77.66
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: LOT IN SQ 46 AG BREARD ADDNFRTG 80 FT ON SO SIDE PINE ST,DEPTH 143 FT ON W SIDE 4TH ST

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,535 54,594 93,522
Median Age: 34.51 34.83 33.88
Households: 2,423 21,970 36,963

Contact

Photograph of Listing Agent

Jennifer Thomas

John Rea Realty Monroe, LA 71201
LACDB Member
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