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Listed price in listed location currency (USD).
$1,378,697

080

MLS® 209683

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 612
Approx. Age 2016
MLS® Number 209683

Property Address: 2399 Ferrand St, Monroe, LA, 71201-3202

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity – 8-Suite Business Center + 1.65 AC Development Land. Take advantage of this high-yield investment that brings a 9.82% CAP rate at full occupancy! The Business Center features eight (8) turnkey suites, each offering a versatile mix of warehouse and office space ideal for small businesses, trades, or service providers. Property Features: Each Suite: ±1, 000 SF total | ±800 SF warehouse + ±200 SF office. Warehouse: 14’ ceilings, 12’ roll-up doors. Office: Private entrance, climate-controlled, ADA-compliant restroom. Designed for affordability and functionality. Development Land (Adjacent): Lot 1: 0.73 AC fronting Armand Connector. Lot 2: 0.92 AC fronting Ferrand Street. Total Available: 1.65 AC. Zoning: B-2 Neighborhood Business District. Utilities: All available at site. Not in a Flood Zone. Location Highlights: Prime visibility with easy access to Tower Dr, Ferrand Street, Hwy 165/Sterlington Rd, and I-20. Centrally located near Monroe’s medical, business, university, and financial districts. Ideal for future development: Professional office, medical, retail, or restaurant use. Seller blueprints for future expansion included with purchase. Contact listing agent for rent roll, financials, and additional details.
MLS® Number209683
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2016
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2024List Date
$1,378,697List Price
  • Commute

Commute

Starting Address
Destination Address
2399 Ferrand St, Monroe, LA

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