For Sale
$598,500

3001 Cypress StWest Monroe, LA 71291

High-traffic retail property with warehouse space

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity encompasses two buildings totaling 6,801 square feet situated on a 0.17-acre lot at 3001 & 3003 Cypress Street in West Monroe, Louisiana, 71291. The property boasts a prime location near Super 1 Foods, ensuring high visibility and foot traffic. One building features warehouse space with three roll-up doors, six or more offices, a showroom, reception area, break room, and a recently renewed five-year lease at $2,475 per month. This building also benefits from an eight-year-old metal roof, updated HVAC, wiring, plumbing, instant hot water, and extra insulation. The second building, currently vacant, offers a projected monthly lease income of $2,900. This building includes a large reception area, four to five offices, ample cabinet/shelf space, a 28x33 back room with a sink and dishwasher, and ten fenced-in areas, plus several additional rooms. It also features a new metal roof (installed approximately eight years ago), fresh interior and exterior paint, and a potential triple-net lease. The property includes a cyclone-fenced rear area and a garage. This property presents a unique opportunity to lease both buildings for substantial income or utilize one building while leveraging the income from the leased building to offset mortgage payments. The asking price is $598,500.

Highlights

  • $598,500 asking price for a retail and land property.
  • 6,801 square feet on a 0.17-acre lot in West Monroe, LA.
  • Two buildings totaling 6,801 square feet, including warehouse space, multiple offices, showroom, and reception area.
  • One building has a 5-year lease at $2,475/month; the other building is vacant with projected rent of $2,900/month.
  • Features include a metal roof (8 years old), fenced yard, garage, updated HVAC, wiring, plumbing, and insulation.

Property Details for 3001 Cypress St

Property type
Retail properties, Land
Square Feet
6,801 SF
Lot Size (sq. ft)
7,405 SF

Location Insight

City
West Monroe
County
Ouachita
State
Louisiana
Latitude
32.5171393
Longitude
-92.1520625
3001 Cypress St, West Monroe, Louisiana

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3001 Cypress St
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