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.
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Jan Mattingly
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3001 Cypress St, West Monroe, Louisiana, 71291
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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3001 Cypress St
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