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Multi-Office Unit with Workspace
For Lease
$3,241/Mo

1651 LOUISVILLE AVENUE, Monroe, LA 71201

COMMERCIAL/INDUSTRIAL, Monroe, LA

Space Size2,593 SF
Days on Market924

Property Features for 1651 LOUISVILLE AVENUE

General Information

Property type Residential
Property subtype Office
Rooms Office
Security features Security Lighting
Exterior features Lighting/Security
Lot features Loc. in City Limits
Directions West on Louisville, right into the parking lot.
Subdivision 111 Central Monroe & Business District
Standard status Active
APN 118673

Taxes and HOA fees

Tax Description UNIT 16 MID CITY CONDOMINIUMS AS PERCONDOMINIUM DECLARATION COB 2023-739 &COB 2023-785--IMPROVEMENT LOCATED ONLKB CORP PROP OID 45862 R#51126
Legal Description UNIT 16 MID CITY CONDOMINIUMS AS PERCONDOMINIUM DECLARATION COB 2023-739 &COB 2023-785--IMPROVEMENT LOCATED ONLKB CORP PROP OID 45862 R#51126

Utilities

Cooling system Central Air

Amenities

kitchen
Listing Agency: Re/Max Premier Realty
Listed By: Micah Dye · License #995708359
Added: Mar 28, 2024 Changed: Oct 7 Last Checked: Oct 7 at 4:06PM
MLS# 209446

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.

This 2,593-square-foot office unit is arranged with six offices, a kitchen, and a large general workspace. Central air and lighting/security features are included. The layout may be divided, though modifications could require time.

Key Highlights

  • 2,593 square feet with six offices
  • Kitchen and large general workspace
  • Central air conditioning

Property Analytics

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Open Analytics

Current Use

Mr. Electric of Monroe Electrical Service Union National Life ... Insurance Agency AXA Equitable Financial Advisor ASA Group Insurance Agency Layne M. Adams, ... Law Firm

Suggested Use

Top Pick Veterinary Clinic Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,677
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Monroe, LA

$24.79 /SF/Yr
Avg Asking Price
$2.05–$156 /SF/Yr
Price Range
55,104 SF
Avg Space Size

This space is priced 39% below the average of $24.79 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Central air serves a professional layout with private offices, a kitchen, and shared work area.
Where is this office units located?
The property is located at 1651 LOUISVILLE AVENUE Monroe, LA.
What is the lease rate?
The lease rate is $3,241/Mo.
What are key features of this property?
This property features: 2,593 square feet with six offices; Kitchen and large general workspace; Central air conditioning
More about this property
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