See all 30 photos
30 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Misti Hajj • Keller Williams Parishwide Partners
$2,230,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multiple Uses
Listing Status Active
Purchase Type For Sale
MLS Listing ID 221465
Property Sub-Type Multiple Uses
Property Description
Excellent investment opportunity featuring a diverse portfolio of income-producing commercial properties. The portfolio includes 601 N. 5th Street, 607 N. 5th Street, WillStor, and 1025 North 9th Street, offering multiple revenue streams through executive office suites, an established commercial tenant, and climate-controlled storage. 601 N. 5th Street was completely gutted in 2019 and extensively renovated to accommodate 20 executive office suites. Each suite features individual thermostat control, keyless entry, and convenient exterior access. All utilities and fiber-optic Wi-Fi are included. Tenant amenities include a full kitchen and a 12-person conference room available at no additional charge. 607 N. 5th Street is currently leased to Rustico, providing an additional income-producing component. The portfolio also includes WillStor, a climate-controlled storage facility featuring 60 storage units, 24-hour key-fob access, motion-activated lighting, two bathrooms, and interior and exterior security cameras. 1025 North 9th Street offers a professional office property conveniently located near Louisville Avenue with easy access to I-20. The building features 10 individual offices, a reception area, kitchen, two restrooms, and additional storage space. Recent improvements include new heating and cooling units, with carpeted flooring and ample parking adding to the property's functionality. The property is approximately 95% leased, with only one office suite remaining available for lease. This versatile commercial investment combines established tenancy, executive office space, and climate-controlled storage, offering multiple income-producing opportunities within one portfolio. An excellent opportunity for investors seeking diversified commercial assets in a convenient Monroe location. Call your favorite realtor today!!!!
Location
State LA
County Ouachita
Interior
Interior Features See Remarks
Heating Electric, Central
Cooling Central Air, Electric
Flooring Carpet, Concrete, Other
Exterior
Utilities Available Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Internet Connection, See Remarks
Roof Type Composition,Flat
Building
Sewer Public Sewer
Water Public
Read Less Info
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
QUICK SEARCH