137 ROWLAND ROAD Monroe, LA 71203

Building Details

Year Built

1989

Listing Agency Coldwell Banker Group One Realty a***@outlook.com Show Phone

Listed by Andrea Brown · License #995710935

Source Crexi

Added: Apr 13, 2023 Checked: Jul 15 at 10:07 am

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Investment Insights

Based on property information with market context.

This property presents an investment opportunity with a barber shop featuring six stations, including three barber stations and three beauty stations. The shop also includes a shampoo station and a dryer chair. A large waiting area and an office are part of the layout. In the back of the building, there is an additional living space that could be used for rental income or retail space for lease. Behind the building, three trailers are currently occupied by tenants, generating $1,800 per month in rental income ($600 per trailer). The property is located in Monroe, LA and has a size of 1,514 square feet.

Key Highlights

• Established barber shop with 6 stations, shampoo station, dryer chair, large waiting area, and office.
• Additional living/retail space in the back offers potential rental income.
• Three occupied trailers behind the building generate $1,800/month in rental income.

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FAQs

What type of property is this?

Storefront property - Barber shop with additional rental income opportunity in Monroe.

Where is this storefront property located?

The property is located at 137 ROWLAND ROAD Monroe, LA.

What is the asking price?

The asking price for this property is $209,000.

What are key features of this property?

This property features: Established barber shop with **6 stations**, shampoo station, dryer chair, large waiting area, and office.; Additional living/retail space in the back offers **potential rental income**.; Three occupied trailers behind the building generate $1,800/month in rental income.