Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1207 Griffon St Monroe, LA 71203

    For Sale
    $305,000

    Commercial Building - Monroe, LA

    Property size:
    10,000 SF
    Days on Market:
    63
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 1207 Griffon St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Size
    10,000 SF

    Building Details

    Year built
    1946
    Year renovated
    1946
    Architectural style
    Other

    Delta Acres Real Estate (318) 417-1254 [email protected]

    Listing agent Angela Tarver (318) 417-1254

    Listing date Oct 10, 2025

    MLS# 11242530 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monroe Commercial Building For Sale

    Located in downtown Monroe, this multi-use commercial property is currently configured as a lounge, which has been fully renovated. The property offers the potential for 8 motel units. The building provides ample space to accommodate various business ventures. The property is 10,000 square feet and is situated on a lot that is 0 acres.
    Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.076846
    Latitude
    32.513171

    Nearby Similar for Sale

    • $475,000

      Monroe Office/Warehouse Investment Opportunity

      Adaptable office/warehouse complex in Monroe, ideal for business or investment.
      2830 Breard St, Monroe, LA 71201
      View Details
    • $1,200,000
      17,148 SF

      Downtown Monroe Commercial Portfolio Sale

      Income-producing commercial property with untapped potential in downtown Monroe.
      342-348 Desiard St, Monroe, LA 71201
      View Details
    • $2,742,000
      3,498 SF

      New b1BANK Relocation Site

      New construction b1BANK relocation site with drive-thru lanes.
      2271 Tower Dr, Monroe, LA 71201
      View Details
    • $2,943,972
      23,590 SF

      Dollar Tree Investment Opportunity

      NNN leased Dollar Tree in strong retail corridor.
      2100 Louisville Ave, Monroe, LA 71201
      View Details
    • Contact for pricing
      55,000 SF

      Retail Property in Prime Location

      55,000 SF retail property, renovated in 2015, Monroe, LA.
      3650 Millhaven Rd, Monroe, LA 71203
      View Details
    • $1,659,000
      9,799 SF

      North Monroe Professional Office Building

      High-quality office building in a prime, visible North Monroe location.
      3995 Sterlington Rd, Monroe, LA 71203
      View Details

    FAQs

    What type of property is this?
    Motel - Multi-use commercial property in downtown Monroe with business possibilities.
    Where is this motel located?
    The property is located at 1207 Griffon St Monroe, LA.
    What is the asking price?
    The asking price for this property is $305,000.
    What are key features of this property?
    This property features: - Multi-use hospitality/commercial property.; - Located in downtown Monroe.; - Currently used as a lounge.
    (318) 417-1254
    Request Owner's contact information
    1207 Griffon St Monroe, LA 71203
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1207 Griffon St
    Monroe, LA 71203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1207 Griffon St Monroe, LA 71203
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.