2230 Tower DrMonroe, LA 71201

Property Details for 2230 Tower Dr

Year built

2006

Lot size

0.73 AC

Property size (Sq ft)

3,785 SF

Property type

Other commercial real estate

APN

113486

APU

113486

Description

This exceptional 3,785 square foot restaurant is ideally situated on a 0.73-acre lot in the heart of Monroe, Louisiana. Its prime location offers unparalleled access to a diverse range of amenities, including nearby hospitals, entertainment venues, residential areas, and apartment complexes, ensuring a consistent flow of potential customers. The property presents a remarkable investment opportunity for discerning buyers seeking a well-positioned, established business in a thriving community. The substantial building size allows for ample space to accommodate a variety of restaurant concepts or potential expansion. The 0.73-acre lot provides ample parking and potential for outdoor seating or further development. This turnkey operation is ready for a new owner to step in and capitalize on its established presence and strategic location within Monroe's vibrant commercial landscape. The asking price of $1,899,000 reflects the significant value and potential return on investment this property offers. This is a rare chance to acquire a well-established restaurant in a high-demand area, making it an exceptional opportunity for growth and profitability. Serious inquiries are encouraged to explore this lucrative investment prospect further. The property's central location ensures high visibility and accessibility, making it an attractive destination for both locals and visitors.

• Alternative Use

  Use

  Valuation

  Residential

  $688,368

  Hospitality

  $630,541

  Educational

  $524,603

  Medical

  $542,645

  Retail

  $816,049

Location Insight

City

Monroe

County

Ouachita

State

Louisiana

Latitude

32.5251

Longitude

-92.1033

CBSA code

33740

CBSA name

MONROE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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