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2401 LOUISVILLE AVENUE, Monroe, LA 71201
$985,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
baths
2,958
sqft
John Rea Realty is pleased to present the exclusive listing for a Redevelopment Opportunity located at 2401 Louisville Ave in Monroe, LA. The site consists of approximately 2,958 SF of QSR with drive~thru and 15,000 SF of asphalt surface parking on an estimated 1.95 AC of land with billboard income. The site benefits from strong visibility and exposure to Louisville Ave, one of Monroe`s main business arteries, which sees well over 21,000 vehicles per day. Signalized traffic lights at one of the property`s access points allows for easy flow of traffic to and from the site. B~3 Zoning (general business\commercial district) provides a wide range of retail and business uses; excellent when considering redevelopment. Adjacent properties include National\Regional Retail Tenants: Arby`s, Whataburger, Bojangles, Catfish Charlie`s, Office Depot, Roses Express, Walmart, Raising Cane`s, Ollie`s, AT&T, GameStop, Walgreens, BooksAMillion, Planet Fitness, Firehouse Subs, Pizza Hut. In a market where demand for presence along this high~traffic commercial corridor is drastically outstripping supply; now is the time to buy!!!!
Features & Amenities
Interior
- General:
- Storage, Private Bathrooms, See Remarks
- Flooring:
- Tile
- A/C:
- true, Central Air, Electric
- Heating:
- true, Electric, Central
Exterior
- General:
- Rain Gutters, Landscaping
- Parking:
- Asphalt, Parking/25+ Spaces, See Remarks
Construction
- Roofing:
- Composition, Flat
- Windows:
- Display Window(s)
- General:
- Brick Veneer, Masonry
Location
- Originating MLS:
- NELAR API
- County:
- OUACHITA
Lot
- Zoning:
- B-3, .54 AC LOT IN SEC 53 & 74 T18N R4E; 1.4106 ACS M/L IN SECS 53 & 74 T18N R4E., 51576, 79459, 79454
Utilities
- Utilities:
- Electricity Connected, Natural Gas Connected, Separate Meters, 3 Phase, See Remarks, 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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