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8
Photos
2399 FERRAND STREET, Monroe, LA 71201
$1,600,000 Asking Price
$---/mo Est. Payment Get Prequalified »
8
baths
8,160
sqft
Built in
2016
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.
Features & Amenities
Interior
- General:
- Storage, Private Bathrooms, Showroom, See Remarks
- Flooring:
- Concrete
- A/C:
- true, Central Air, Electric
- Heating:
- true, Electric, Central
Exterior
- General:
- Landscaping
- Parking:
- Concrete, Parking/25+ Spaces
Construction
- Roofing:
- Metal
- General:
- Metal, Stucco, Steel Frame
Location
- Originating MLS:
- NELAR API
- County:
- OUACHITA
Lot
- Zoning:
- B-2, LOT A RESUB LOT 2 BLK 21 BREARD PLACE UNIT 3-SOLD HWY PARCEL 1-16 BEING 0.013ACS OR 566 SQ FT BK 2182-153 R122722-, 106746
Utilities
- Utilities:
- Electricity Connected, Internet Connection, Separate Meters, On Site
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- NELAR API
This listing courtesy of:
John Rea Realty, Jennifer Causey
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Monroe, LA
Housing
- Number of Units
- 37,350
- Median Home Value
- $162,164
- Median Rent
- $572
50.43% of housing units are renter occupied.
11.47% are vacant.
Commute
- Car
-
83.34%
- Public Transportation
-
2.15%
- Walk to Work
-
1.52%
- Work from Home
-
12.11%
- Other
-
0.75%
The median travel time to work is 18 minutes.
People
- Population
- 85,779
- Median Age
- 35.60
- Median Household Size
- 2.57
Education
- High School
-
33.04%
- Associate’s Degree
-
4.65%
- Bachelor’s Degree
-
16.63%
- Graduate Degree
-
9.55%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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