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    348 Desiard St Monroe, LA 71201

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    For Lease
    $4,256 /Mo ($12 SF/Yr)

    Historic 4000 SF commercial space in Downtown Monroe for lease.

    Property size:
    4,000 SF
    Lot size:
    0.10 Acres

    Property Features for 348 Desiard St

    General Information

    Size
    4,000 SF
    Lot size
    0.10 Acres

    Source: John Rea Realty Agent Jennifer Causey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Commercial Retail Space Available

    This 4000 SF commercial-retail space, originally built in 1911, is located in a historic downtown corner building and is currently under renovation to bring it to "white box" status. The space features historic old brick walls and is being renovated to include modern-day amenities. It offers dual-street access and is located across the street from a block of city parking. The wide-open space is suitable for a pharmacy or a convenience store. Build to suit options are negotiable, and adjacent square footage is also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Centramed Radiopharmacy Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.115517
    Latitude
    32.502829

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    FAQs

    What type of property is this?
    Retail space - Historic 4000 SF commercial space in Downtown Monroe for lease.
    Where is this retail space located?
    The property is located at 348 Desiard St Monroe, LA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location on a corner in historic downtown Monroe, offering high visibility and accessibility.; - Large 4000 SF commercial-retail space provides ample space for various business operations.; - Renovation in progress to "white box" status allows for customization and build-to-suit options.
    (318) 261-0892
    Request Owner's contact information
    348 Desiard St 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
    348 Desiard St Monroe, LA 71201
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