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Remodeled Office Unit
For Lease
$600/Mo

223 S GRAND STREET, Monroe, LA 71201

COMMERCIAL/INDUSTRIAL, Monroe, LA

Space Size170 SF
Days on Market48

Property Features for 223 S GRAND STREET

General Information

Property type Residential
Property subtype Office
Zoning description CBD
Security features Security Lighting, Security System
Interior features Elevators, Security System
Exterior features Gutters, Landscaping, Lighting/Security
Accessibility Accessible Elevator Installed
Lot features Loc. in City Limits
Directions Downtown Monroe, two block South of DeSiard Street on South Grand. Multi story building with a penthouse, across the street from River Walk, and in adjacent block to Ouachita Parish Courthouse.
Subdivision 111 Central Monroe & Business District
Standard status Active
APN 2467

Taxes and HOA fees

Tax Description Riverscape Condominium.
Legal Description Riverscape Condominium.

Utilities

Heating system Central
Cooling system Central Air

Amenities

wireless internet
utilities included
common restrooms
common breakroom

Building Details

Number of units 1
Building materials Concrete Block
Roof type Flat
Listing Agency: Re/Max Premier Realty
Listed By: Al Peterson · License #0000075790
Added: Aug 11 Changed: Sep 23 Last Checked: Sep 27 at 6:06AM
MLS# 220458

Copyright © 2026 Northeast Louisiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 170-square-foot office unit is located within a secure historic building and includes access to common restrooms, a shared breakroom, kitchen, and other shared areas. Remodeling has been completed, with new paint and tile in the office and common facilities.

The property provides one off-street parking space, wireless internet, and all utilities. Building features include an elevator, accessible elevator access, a security system, central heating and central air, concrete block construction, and a flat roof.

Key Highlights

  • 170 SF office unit in a secure historic building
  • Common restrooms, breakroom, kitchen, and shared areas
  • Remodeled space with new paint and tile

Property Analytics

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Current Use

Security Management Solutions Security Service Mosquito Busters, LLC Garden Center

Suggested Use

Top Pick Dental Office Locksmith (Bike/Boat/Book/etc) Store Bakery Tanning Salon Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$6.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,715
Businesses Nearby

Demographics for 71201, LA

21,565
Population
10,352
Households
2.1
Avg Household Size
39
Median Age
43%
College-Educated
92%
High-School Grad
14.9 sq mi
ZIP Area
1,447
Density / Sq Mi
$53,538
Median Household Income
$44,262
Median Earnings
$882
Median Rent
$247,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Monroe, LA

$24.1 /SF/Yr
Avg Asking Price
$2.05–$156 /SF/Yr
Price Range
55,104 SF
Avg Space Size

This space is priced 76% above the average of $24.1 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Updated office accommodation with shared breakroom, restrooms, utilities, wireless internet, and one off-street parking space.
Where is this office units located?
The property is located at 223 S GRAND STREET Monroe, LA.
What is the lease rate?
The lease rate is $600/Mo.
What are key features of this property?
This property features: 170 SF office unit in a secure historic building; Common restrooms, breakroom, kitchen, and shared areas; Remodeled space with new paint and tile
More about this property
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