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Listed by JW Perry • Faulk & Foster Real Estate Services
$525,000
Est. payment /mo
0.59 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 221554
Style Clear Span
Lot Size 0.590 Acres
Acres 0.59
Property Sub-Type Office
Property Description
More Than an Office Building — A Property That Can Evolve With the Next Owner. 414 Pine Street offers approximately 6,660 SF of flexible commercial space, with 2,300 SF covered area, in Monroe, Louisiana, providing an excellent opportunity for an owner-user, investor or buyer looking for a property that can be adapted for a variety of business uses. The building's existing layout includes a combination of private office areas and large open work areas that can function as classrooms, training rooms, collaborative workspaces or operational space. Just as important, the size and configuration provide a future owner with the opportunity to rethink the property rather than being locked into its current layout. A purchaser could potentially divide the building into multiple commercial suites, increase the amount of traditional office space, create a mix of private offices and larger work areas, or explore converting a portion of the building into warehouse, storage or flex space to support a business requiring both office and operational functions. Any such conversion would be subject to construction feasibility, zoning and applicable governmental approvals. This flexibility makes the property worth considering for far more than traditional office use. Potential concepts could include a professional services headquarters, education or training facility, counseling or behavioral-health operation, nonprofit or social-services center, government office, administrative center, church or ministry offices, call center, contractor/service-business headquarters, or an office/flex configuration. For an owner-user, 414 Pine Street provides the ability to purchase a substantial facility and customize it around the business rather than adapting the business around a conventional office layout. For an investor, the possibility of creating multiple separately occupied spaces provides an entirely different long-term strategy. also available for lease.
Location
State LA
County Ouachita
Interior
Interior Features Storage, Private Bathrooms
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Exterior Feature Landscaping
Utilities Available See Remarks
Roof Type Composition
Building
Sewer Public Sewer
Water Public
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