For Sale
$1,195,000

406 6Th StWest Monroe, LA 71291

Fully occupied, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use investment property, Business Center 6th & Mill, located at 406 N 6th St, West Monroe, LA 71291, presents a compelling opportunity. The 8,848 square foot property, built in 2001 and extensively renovated in 2023, boasts a Class A rating and features two buildings on a 0.86-acre lot. Currently housing five tenants with 100% occupancy, the property offers a stabilized investment with built-in rent bumps. The property includes 60 parking spaces, a significant upgrade with 36 spaces added recently. Recent improvements include new exterior paint, parking lot striping, and a new HVAC system installed in 2021. The property also benefits from perimeter security lighting, professional landscaping, and efficient drainage systems. The permitted zoning is B-1. Financial details and tenant information are available upon request with a non-disclosure agreement. Showings are coordinated with accepted offers. The asking price is $1,195,000, translating to $135.06 per square foot. This property is ideal for investors seeking a stable, high-performing asset in a prime West Monroe location. The property is available for a 1031 exchange.

Highlights

  • 100% Occupancy.
  • Excellent condition.
  • New HVAC system (2021).
  • Fresh exterior paint and parking lot striping.
  • High visibility and traffic counts.

Property Details for 406 6Th St

Property type
Retail properties, Office properties
Square Feet
8,848 SF
Class
A
Year Built/Renovated
2001/2023
Buildings
2
Stories
1
Lot Size (sq. ft)
37,462 SF
Units
5

Location Insight

City
West Monroe
County
Ouachita Parish
State
Louisiana
Latitude
32.500649266852
Longitude
-92.132198432504
406 6Th St, West Monroe, Louisiana

FAQs

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406 6Th St
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