Office Building with Five
For Sale
$379,000
506 N 31ST STREET, Monroe, LA 71201
SINGLE_FAMILY - Monroe, LA
Lot Size0.33 Acres
Days on Market93
Property Features for 506 N 31ST STREET
General Information
Property type
Residential
Property subtype
Office
Zoning description
B-3
Interior features
None of Above
Exterior features
Landscaping
Lot features
Loc. in City Limits
Directions
Lamy Ln to Kilpatrick Blvd., left on N. 31st Street, property on right.
Subdivision
113 North Monroe
Standard status
Active
APN
54708
Lot size
0.33 Acres
Taxes and HOA fees
Tax Description
LOT 5 SQ A RESUB OF LOT 4 SQ 2 LOUISVILLE PLAZA UNIT 2***ERROR IN LEGAL 2525-511***
Legal Description
LOT 5 SQ A RESUB OF LOT 4 SQ 2 LOUISVILLE PLAZA UNIT 2***ERROR IN LEGAL 2525-511***
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Building materials
Brick Veneer
Roof type
Fiberglass
Additional Structures
None
Listing Agency:
John Rea Realty
(318) 388-0941
Listed By:
Thomas Johnson · License #0000031523
(318) 355-2805
Added: Apr 29
Changed: Jul 27
Last Checked: Jul 30 at 9:06PM
MLS# 219227
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.
Well-maintained office building offering 3,324 heated square feet across five individual suites. Two suites are currently leased to stable tenants, providing immediate income, while three suites are available for owner-occupant use or additional leasing.
The property is located at 506 N 31ST STREET in Monroe, Louisiana, within an established business park setting.
The layout supports separate suite occupancy, making the building suitable for users seeking flexible space and for investors looking to maintain a mix of leased and available units.
The property is located at 506 N 31ST STREET in Monroe, Louisiana, within an established business park setting.
The layout supports separate suite occupancy, making the building suitable for users seeking flexible space and for investors looking to maintain a mix of leased and available units.
Key Highlights
- Well‑maintained office building with 3,324 heated SF across five individual suites
- Central heating and central air conditioning
- Brick veneer construction with fiberglass roof
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office building with five individual suites totaling 3,324 heated square feet in an established business park.
Where is this office units located?
The property is located at 506 N 31ST STREET Monroe, LA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Well‑maintained office building with 3,324 heated SF across five individual suites; Central heating and central air conditioning; Brick veneer construction with fiberglass roof
