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    1504 Stubbs Ave Monroe, LA 71201

    Sponsored
    For Sale
    Contact for pricing

    Updated Office Space, Excellent Location

    Property size:
    4,628 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4,628 square foot office building, situated on a 0.29-acre lot at 1504 Stubbs Avenue in Monroe, Louisiana, presents a fantastic opportunity for a variety of professional businesses. The property boasts nine executive offices, a welcoming reception area, a convenient breakroom, and two bathrooms, ensuring ample space for staff and clients. A dedicated conference room provides a professional setting for meetings and presentations. Recent upgrades significantly enhance the building's appeal and functionality. New flooring was installed in 2021, contributing to a modern and updated aesthetic. Furthermore, a new HVAC system was implemented in 2023, guaranteeing efficient and comfortable climate control year-round. Previously utilized as an attorney's office, this versatile space is well-suited for a range of professional uses. Its convenient location offers easy access to N 18th Street, providing excellent visibility and accessibility for clients and employees. The asking price for this meticulously maintained and updated office building is $3200. This represents a compelling investment opportunity in a thriving Monroe, LA commercial district. The property's combination of modern amenities, convenient location, and ample space makes it an ideal choice for discerning businesses seeking a high-quality workspace.

    Property Features for 1504 Stubbs Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,628 SF
    Lot Size
    12,632 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Workforce Development Board ... Social Services Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    OUACHITA
    State
    Louisiana
    Longitude
    -92.11063
    Latitude
    32.51841

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    FAQs

    What type of property is this?
    Office Property / Space - Updated Office Space, Excellent Location
    Where is this office property / space located?
    The property is located at 1504 Stubbs Ave Monroe, LA.
    What is the asking price?
    The asking price for this property is $3,200.
    (318) 388-0941
    Request Owner's contact information
    1504 Stubbs Ave Monroe, LA 71201
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    Monroe, LA 71201
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    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
    1504 Stubbs Ave Monroe, LA 71201
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