For Sale
$800,000

1500 Louisville AveMonroe, LA 71201

8,680 SF Office Building, Great Income Potential

Overview

Added:
Feb 3
Days on market:
60
This 8,680 square foot office building located at 1500 Louisville Avenue in Monroe, Louisiana, presents a compelling investment opportunity for both end-users and investors seeking a consistent rental income stream. Situated on a 0.54-acre lot, the property boasts excellent visibility and accessibility along a high-traffic commercial corridor. Currently, the building is partially occupied, with Suite C (2600 square feet) available for immediate lease. This suite features modern updates including all new LED lighting, updated restrooms, and high-speed CAT 6/6E fiber internet. Its mostly open floor plan offers significant flexibility for customization. Three established co-tenants—Advantage Resourcing Industrial/Technical Division, Advantage Staffing, and Studio 1500 Barber Shop/Salon—occupy the remaining suites under long-term leases with renewal options, ensuring a stable income flow. The property provides ample shared parking with 32 spaces and prominent signage at each suite and along Louisville Avenue. Financial details and additional building information are available upon request. This property offers a unique blend of immediate income generation and long-term growth potential in a prime commercial location. The existing tenant mix provides a diversified revenue stream, while the available suite presents an opportunity for owner-occupancy or further lease income. The property's location and high visibility make it an ideal investment for those seeking a strong return on investment in a thriving commercial area.

Property Details for 1500 Louisville Ave

Property type
Office properties
Square Feet
8,680 SF
Lot Size (sq. ft)
23,522 SF

Location Insight

City
Monroe
County
OUACHITA
State
Louisiana
Latitude
32.51542
Longitude
-92.10906
1500 Louisville Ave, Monroe, Louisiana

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1500 Louisville Ave
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