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Downtown Minden Parking Lot
For Sale
$60,000

112 N Monroe Street, Minden, LA 71055

Profitable parking lot with immediate ROI in downtown Minden.

Property Size4,792 SF
Price / SF$12.52
Days on Market100

Property Features for 112 N Monroe Street

General Information

Standard status Active
Size 4,792 SF
Property subtype Commercial Lots & Land
Listing Agency: Century 21 Elite
Listed By: Steven Mabry · License #0995705128
Source: Signaturere
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 14 at 2:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Elite

Investment Insights

Based on property information with market context.

This parking lot is located in downtown Minden, directly across the street from the Minden Medical Center's emergency room entrance. The property includes 11 parking spaces. An electric meter is located on site and connected. A professional security camera system monitored by Guardian Alarm is in place. Currently, 5 spaces are leased, generating $1,050 over the next 12 months. The remaining 11 spaces are available for lease. The current rate is $25 per space, but there is potential to increase the rate if all spaces are leased. At $25 per space annually, an additional $3,300 could be generated. The property size is 4,792 square feet.

Key Highlights

  • High ROI with immediate income potential.
  • Prime downtown location directly across from Minden Medical Center ER entrance.
  • Limited competition: No other available parking lots in downtown Minden.

Property Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Pharmacy Hair Salon Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby
Under-served
Demand for This Use

Demographics for 71055, LA

18,626
Population
8,725
Households
2.1
Avg Household Size
42
Median Age
13%
College-Educated
86%
High-School Grad
260.0 sq mi
ZIP Area
72
Density / Sq Mi
$33,919
Median Household Income
$24,388
Median Earnings
$811
Median Rent
$117,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Profitable parking lot with immediate ROI in downtown Minden.
Where is this parking lot & garage located?
The property is located at 112 N Monroe Street Minden, LA.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: High ROI with immediate income potential.; Prime downtown location directly across from Minden Medical Center ER entrance.; Limited competition: No other available parking lots in downtown Minden.
More about this property
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