550 Lincoln Road

Office for Sale
Sale Pending
Catylist Listing ID: 30852581
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 2,087 SF
Gross Land Area: 1 Acre
Sale Price: $399,000
Unit Price: $191.18 PSF
Property Use Type: Vacant/Owner-User
Building Name: 550 Lincoln Road
Usable Size (USF): 2,087 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2023

Overview / Comments

All measurements approximate. Buyer to verify. Property is high traffic signaled corner located on Lincoln Road (Highway 139) and Rowland Drive; Entrance from Lincoln Road and two entrances off Rowland Road. Originally constructed and used as a bank but converted to office. 4 offices and 2 restrooms but employee breakroom; reception/lobby; view of drive-thru and could be converted to customer pickup area. Both walk-in safe and traditional safe remain in the building.

Additional Details

Nearest MSA: Monroe
County: Ouachita
Taxing Authority: Ouachita Parish
Tax ID/APN: 71978
Zoning: PARISH
Property Located Between: at corner of LIncoln Rd and Rowland Road
Property Visibility: Excellent
Highway Access: Highway 139 (Lincoln Roadf)
Airports: Monroe Regional
Site Description: HIgh traffic signalized corner location with multiple entrances.
Area Description: Surrounded by residential and commercial services
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,087 SF
Roof Type: Other
Construction/Siding: Other
Exterior Description: Brick Veneer Construction with existing drive thru; five double fixture parking lot lights; multiple signage opportunities.
Parking Type: Surface
Parking Description: Total of 21 +/- spaces in front and rear.
Total Parking Spaces: 21
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: 4 offices; breakroom; reception/lobby; storage; multiple built-ins
Zoning Description: Parish
Water Service: Other
Sewer Type: Other
Easements Description: Unknown
Legal Description: 1 AC IN SEC 13 T18N R4E FROM NECOR ST MARK METHODIST CHURCHTRACT(BK 722-284) W 12.48 FT, N22.55 FT, NE 40.23 FT, NE 405.94FT, SE 70 FT TO C/L HWY 139, SE50 FT TO E/L SAID HWY & POINT OFBEG, NE 55.72 FT, NE 47.60 FT TOS/L ROWLAND RD, SE 200.22 FT, SW163.99 FT, NW 219.37 FT TO E/LHWY 139, NE 144.25 FT TO BEG; Monroe, Ouachita Parish, LA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,981 21,727 47,207
Median Age: 36.79 31.57 32.2
Households: 1,561 8,219 18,068


Photograph of Listing Agent

Gretchen Ezernack

NAI Faulk & Foster Monroe, LA 71201
LACDB Member
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