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Listed by DJ Fortenberry • Harrison Lilly
$1,500,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 220871
Property Description
Rare redevelopment opportunity consisting of just over 2 acres in one of Monroe's most established commercial areas, with excellent exposure along both Louisville Avenue (U.S. Hwy 80) and North 18th Street. The property is currently utilized in part as an automobile dealership lot with a warehouse located toward the rear. Property will NOT be sold for continued use as an automobile dealership but offers significant potential for a variety of other commercial uses and redevelopment concepts. Louisville Avenue sees more than 20,000 vehicles daily, while North 18th Street sees more than 18,000 vehicles daily, providing outstanding visibility and exposure from two major commercial corridors. The property is also located just over one mile from Interstate 20, offering convenient access to one of North Louisiana's primary transportation arteries. Parcels of this size and location along North 18th Street are increasingly difficult to assemble. With 2+ acres, strong traffic counts, interstate proximity, existing improvements, and redevelopment flexibility, this site presents an excellent opportunity for an investor, developer, or owner-user. Potential uses may include retail, office, medical, service commercial, hospitality, mixed-use, or other compatible commercial development, subject to applicable zoning and governmental approvals. Bring your vision—the location, visibility, and land are already in place.
Location
State LA
County Ouachita
Direction Start in Monroe, LA. Head on Louisville Ave (US-80) for 0.9 mi, turn right onto N 18th St, then right onto Arkansas Ave. Continue 121 ft to reach 609 N 18th St.
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Other
Exterior
Exterior Feature Rain Gutters
Utilities Available See Remarks
Roof Type Metal
Building
Sewer Public Sewer
Water Public
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