For Sale
$1,150,000

363 Venable LnMonroe, LA 71203

Prime Commercial Property, 6,800 SF

Overview

Added:
Dec 11, 2024
Days on market:
113
Exceptional investment opportunity in Monroe, Louisiana, presents a 6,800 square foot commercial property encompassing office and land totaling 11.5 acres. This property boasts a strategic location near major corporations like Centurylink, Lumin, and IBM, conveniently situated off Highway 165N. The property's history includes use as a corporate office for a statewide fiber internet provider, benefiting from robust fiber optic connectivity to Dallas, New Orleans, and Atlanta via diverse routes. Lumin/Centurylink service is readily accessible at the Highway 165 vault. The complex comprises multiple buildings: Building #1 features approximately 5,200 square feet, including 2,000 square feet of warehouse storage and 3,200 square feet of heated office space, complemented by a large overhead door, full kitchen, bathroom, and a 1,500 square foot lean-to shed with a new metal roof. Building #2 offers approximately 1,200 square feet of heated space, encompassing four to five offices, a meeting room, storage room, bathroom, and break area. Two additional buildings are steel-reinforced concrete storm bunkers, each measuring 240 square feet. A 70 KW Generac generator system ensures reliable power for all buildings. The asking price is $1,150,000. While this listing focuses on the commercial buildings, the property also includes a separate residential component (approximately 6,000 square foot home, large RV garage, and 5-door storage shed) on an additional 7-8 acres. The seller may consider selling the commercial buildings separately.

Highlights

  • Exceptional investment opportunity: 11.5-acre commercial property in Monroe, LA, near Centurylink, Lumin, and IBM, off Highway 165N.
  • 6,800 SF of commercial space including multiple buildings with office and warehouse space.
  • Building #1: 5,200 SF (3,200 SF heated office, 2,000 SF warehouse, overhead door, kitchen, bathroom, 1,500 SF lean-to shed). Building #2: 1,200 SF heated office space. Two additional 240 SF storm bunkers.
  • Robust fiber optic connectivity; 70 KW Generac generator.
  • Asking price: $1,150,000; Seller may consider selling commercial buildings separately.

Property Details for 363 Venable Ln

Property type
Office properties, Land
Square Feet
6,800 SF
Lot Size (sq. ft)
500,940 SF

Location Insight

City
Monroe
County
Ouachita
State
Louisiana
Latitude
32.5867907
Longitude
-92.0790174
363 Venable Ln, Monroe, Louisiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
363 Venable Ln
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message