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Five-Office Professional Suite
For Lease
$1,100/Mo

1651 LOUISVILLE AVENUE, Monroe, LA 71201

COMMERCIAL/INDUSTRIAL, Monroe, LA

Space Size1,100 SF
Days on Market943

Property Features for 1651 LOUISVILLE AVENUE

General Information

Property type Residential
Property subtype Office
Rooms Office
Lot features Loc. in City Limits
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

Building Details

Building materials Concrete Block
Listing Agency: Re/Max Premier Realty
Listed By: Micah Dye · License #995708359
Added: Mar 8, 2024 Changed: Oct 7 Last Checked: Oct 7 at 6:06PM
MLS# 209640

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 office suite contains five private offices and a separate work area, providing a mix of enclosed rooms and shared workspace. The property measures approximately 1,100 square feet and is constructed of concrete block, with central air conditioning.

Situated at 1651 Louisville Avenue in Monroe, Louisiana, the space is offered for rent. Its office configuration supports professional services or engineering use, as indicated by the available layout.

Key Highlights

  • Five offices plus additional workspace
  • Approximately 1,100 square feet
  • Concrete block construction with 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

5
Office units
NNN (Triple Net)
Lease Type
$1.80 /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 52% 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 - An approximately 1,100-square-foot layout pairs private offices with additional work area for professional or engineering operations.
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 $1,100/Mo.
What are key features of this property?
This property features: Five offices plus additional workspace; Approximately 1,100 square feet; Concrete block construction with central air conditioning
More about this property
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