The median home value in Monroe, LA is $176,250.
This is
lower than
the county median home value of $185,000.
The national median home value is $308,980.
The average price of homes sold in Monroe, LA is $176,250.
Approximately 42% of Monroe homes are owned,
compared to 47% rented, while
11% are vacant.
Monroe real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Monroe real estate agent to arrange a tour today!
Learn more about Monroe.
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 Cane's, Ollie's, AT&T, GameStop, Walgreens, 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!
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 Cane's, Ollie's, AT&T, GameStop, Walgreens, 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!
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 Cane's, Ollie's, AT&T, GameStop, Walgreens, 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!
Very nice large lot in North Monroe just off Hwy 165 and Old Sterlington Road behind Haven Home Health.
Investor Opportunity! Monthly income AND ability to grow! Fully-occupied 8-Suite Business Center plus 2 adjacent lots just off Tower Dr/Armand-Connector. The Business Center was built to provide inexpensive, ready-to-go suites that provide a mix of industrial and high-end office space. Each suite has 800 SF of warehouse/storage space equipped with 12' roll-up doors and 14' ceilings as well as 200 SF of office space with 1 handicapped-accessible restroom. Contact listing agent for rent roll and financial information. Adjacent lots are perfectly sized for most professional offices, retail, medical, dental or restaurant 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 offers .73 AC fronting Armand Connector priced at $9.95 PSF. Lot 2 offers .92 AC fronting Ferrand Street priced at $8.50 PSF. Total Available: 1.65 AC. Not in a Flood Zone. Restrictions per B-2 Neighborhood Business District. All utilities available to site.
GREAT LOCATION FOR BUSINESS OFFICE. CURRENTLY USED AS AN INSURANCE OFFICE FOR OVER 30 YEARS. ONE SIDE IS RENTED WITH A LONG TERM TENANT. PLENTY OF PARKING WITH A LARGE BACK LOT. GOOD TRAFFIC FLOW. EACH SIDE HAS ITS OWN BATHROOM. LARGER SIDE HAS 2 OFFICES PLUS A LARGE RECEPTIONIST AREA. RENTED SIDE IS 2 OFFICES. SPLIT UTILITIES WITH EXCEPTION OF WATER. BUILDING IS IN GREAT CONDITION INSIDE AND OUT.
.48 acre sitting on busy highway 139 located across the street from retail companies and nearby restaurants. Utilities already on site! The 16X80 mobile home transfers with the act of sale and can be moved.
Investor Opportunity! Fully occupied mixed-use commercial-retail center in Monroe's Business District just off Tower Dr/Armand-Connector. The Business Center was built to provide inexpensive, ready-to-go suites that provide a mix of industrial and high-end office space. Each suite has 800 SF of warehouse/storage space equipped with 12' roll-up doors and 14' ceilings as well as 200 SF of office space with 1 handicapped-accessible restroom. Please do not disturb tenants. Contact listing agent for rent roll and financial information.
Investor Opportunity! Fully occupied mixed-use commercial-retail center in Monroe's Business District just off Tower Dr/Armand-Connector. The Business Center was built to provide inexpensive, ready-to-go suites that provide a mix of industrial and high-end office space. Each suite has 800 SF of warehouse/storage space equipped with 12' roll-up doors and 14' ceilings as well as 200 SF of office space with 1 handicapped-accessible restroom. Please do not disturb tenants. Contact listing agent for rent roll and financial information.
OUTSTANDING BUSINESS OR INVESTMENT OPPORTUNITY IN PERHAPS THE MOST UPSCALE RETAIL AREA IN NORTHEAST LOUISIANA. APPROXIMATELY 2500 SF OF USEABLE SPACE. CURRENT INCOME IS $1,900/MONTH; WITH POTENTIAL OF $4,200/MONTH WITH CURRENT USE. THREE DIFFERENT METERS FOR WATER AND ELECTRICITY. ROOF REPLACED ABOUT 2 YEARS AGO. NINE ROOMS (4 OCCUPIED); RECEPTION/DISPLAY AREA; SHAMPOO ROOM, WITH 3 BOWLS; KITCHEN/SUPPLY ROOM. ONE BATHROOM IN EACH HALLWAY. THIS IS A GREAT OPPORTUNITY FOR AN OWNER-OPERATOR OR INVESTOR.
This is a spacious warehouse that can serve multiple uses. Use it for storage, use it as a workshop or anything else you could need a warehouse building for! Has two private restrooms! Great condition and on a large lot!
Great opportunity for income as well as a place for your own business. This location as 5 separate units with tenants paying paying their electricity and landlord paying water and trash. Unit A is vacant and rents for $975. Unit A is 1000 sqft VACANT Unit B 449 sqft rented for $385.00 Unit C 645 sqft rented for $585.00 Unit D 1382 sqft rented for $1095.00 Unit E 577 sqft rented for $480.00 Roof replaced in 2007. Gilley's services all HVAC units twice a year.
Take a look at this property with endless possibilities! This is your chance to purchase 2.44 Acres of commercial real estate located on Desiard St/Hwy 80 just down the road from ULM. For almost 80 years, this property has functioned as Brooks Florist but you can move your business here or develop the land for whatever venture you decide to pursue. Note- Business will remain open and is NOT for sale but will be relocating when property sells. Schedule your appointment to view this property!
Take a look at this property with endless possibilities! This is your chance to purchase 2.44 Acres of commercial real estate located on Desiard St/Hwy 80 just down the road from ULM. For almost 80 years, this property has functioned as Brooks Florist but you can move your business here or develop the land for whatever venture you decide to pursue. Note- Business will remain open and is NOT for sale but will be relocating when property sells. Schedule your appointment to view this property!
First time listing of this corner, commercial site located about 475' from the Tower Drive and Lamy Lane intersection. With 200' of frontage, this corner site offers great flexibility for a wide variety of commercial uses.
Owner Financing Available! The seller has spared no expense preparing this property for development. Due Diligence on file including Wetland Mitigation. Great property just off I-20. The property is located on Garrett Rd, Woolsey Rd, and Parker Rd in Ouachita Parish. Approximately 60 acres cleared and cleaned. It comes with a metal building on concrete slab with a shop area of 1,353 sqft and an office with 784 sqft that is under a lease to own in place at $900 a month so you'll have instant income.
Ready to operate as an oil change/mechanic shop with 7 car bays, multiple car lifts, oil change pit, and office area. Extra land available on both sides of building.
Come check out this great new commercial listing sitting on 5.55 acres of land. This building is known as Bayou Trade Days and the owner of the property is ready to retire. Currently the trade day place is only open 1 weekend a month and the vendors pay around $4000 a month in booth rentals. If new owners open more during the month that means just that much more income coming in monthly. The bank building that comes with this ale pays $1800 a month income making total income of $5800 a month. There are so many great ideas for this place to make unlimited income.
***Please do your own calculations*** NNN Investment opportunity! 15 year lease signed by a laundromat operator. Sit back and collect cash that beats rental property CF by miles!!! Fresh Lease as of DEC 2023 / Per Lease and Discussion tenant will be moving laundromat equipment, replacing floors and windows. They will be adding cameras, lights and security features. NNN Purchaser is responsible for the structure and parking lot. Tenant is carrying insurance, water, power, gas in their LLC name. Taxes have a pro rated split with the tenant. This is offered at a 12 cap rate and there are 3 pages of calculation to provide reason for the asking price and to tell with your personal calculations and financing. Reach out for more details, lease income is included in the image / full lease will be provided to serious buyers and lenders. No equipment remains / new equipment is to follow by the tenant. Roof / interior / exterior is redone or in the process of.
23.06 of prime acreage with high development potential. Located just south of North Pointe subdivision. Private railroad crossing agreement in place will transfer with property. 694.5' of frontage on Highway 165.
This is a great commercial property for sale in Monroe. The building's 3 separate units are currently fully tenant occupied. 2 of the units mirror each other in size/setup, and the 3rd unit is slightly smaller. It offers a great location with quick access to Hwy 165, I-20, and central Monroe!
Now Available. 5.25 +/- AC Lot. Wooded. Irregular shape. Access via Hwy 165/Ruffin Rd to Van Drive. Canal east of parcel; outside boundary. No wells on property. Timber not under any contract or management agreement.
Now Available! 1.75 +/- AC at the corner of N18th and Washington St in Monroe, LA. Traffic-controlled signal intersections. Conveniently located just 1 mile from I-20, 1 mile from Hwy 165 and .3 miles from Louisville Ave/Hwy 80. Traffic Count: 19, 548 cars/day (2009). Available Utilities: Electric, Water, Gas, Sewer, Storm Drain. Zoned: B-3 General business/commercial district.
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