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Versatile Commercial Building on Corner Lot

2630 Desiard St Monroe, LA 71201

Claim this Listing
For Sale
$121,500

Move-in-ready commercial building suitable for retail, office, or light industrial.

Property size:
1,200 SF
Lot size:
0.45 Acres
Price / SF:
$101.25/SF
Added:
Jul 17, 2025
Days on Market:
363
Last Refresh:
Jun 30 at 3:56 am

Property Features for 2630 Desiard St

General Information

Standard status
Active
Size
1,200 SF
Lot size
0.45 Acres

Listing office John Rea Realty

Listing date Jul 17, 2025

Source Exprealty

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 John Rea Realty


Investment Insights

Based on property information with market context.

This 1,200 square foot commercial building is situated on a nearly half-acre corner lot, offering ample space for future parking, expansion, or outdoor storage. The versatile space is suitable for retail, office, light industrial, or service-based businesses. Formerly a granite works, the property has been updated and includes features that offer functionality and potential. The building has a new roof and new paint. It features 3-phase power and a fully air-conditioned/HVAC system that is approximately 6 years old. The layout includes 10'9" ceilings, one restroom, extra storage, and a work area. Access is facilitated by 9'6" x 8' double side doors that can be converted to an overhead door, along with a paved, covered loading/unloading zone. Heavy-duty equipment included are two Yale 1-ton FWA cable trolleys and two 1-ton Budgit hoists, enabling horizontal movement along a steel I-beam for transfers between interior workspaces and exterior production or storage areas. A dust collector is also included, suitable for woodworking or other fabrication needs. All other furniture and contents are included in the sale.

Key Highlights

  • Move‑in‑ready, versatile 1,200 SF commercial building suitable for retail, office, light industrial, or service‑based businesses.
  • Nearly ½ acre corner lot offering ample space for parking, expansion, or outdoor storage.
  • Includes heavy‑duty equipment: (2) Yale 1‑Ton FWA Cable Trolleys and (2) 1‑Ton Budgit hoists.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $17.3k $14.40
− Vacancy −$1.4k −$1.15
EGI $15.9k $13.25
− OpEx −$5.6k −$4.64
NOI $10.3k $8.61
1,200 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 35.00%

Alternative Uses

Best Use
Office B
$516.3K
$451.7K – $602.3K (±1% cap)
NOI $36,139 @ 7.0% cap · market cap 29.74%
Second Best
Retail
$470.4K
$411.6K – $548.8K (±1% cap)
NOI $32,929 @ 7.0% cap · market cap 27.10%
Theoretical Best
Multifamily LT 5
$12.93M
$11.31M – $15.08M (±1% cap)
NOI $904,793 @ 7.0% cap · market cap 744.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Memorial Granite Works General Contractor

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store HVAC Service Plumbing Service Pet Grooming Service Florist Garden Center Cafe & Coffee Shop

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

Similar Off Market Nearby

  • Bountiful Catering Monroe, LA 71201
  • Rambo's Catering (Rambo Thompson) Chef/ Owner 1511 breard st, monroe, la 71201
  • Rambo's Catering (Rambo Thompson) Chef/ Owner 400 Cedar St, Monroe, LA 71201
  • Trio Community Meals 1807 Pine St, Monroe, LA 71201
  • Southern Smoker Service 1600 Hudson Ln #6, Monroe, LA 71201

FAQs

What type of property is this?
Flex space - Move-in-ready commercial building suitable for retail, office, or light industrial.
Where is this flex space located?
The property is located at 2630 Desiard St Monroe, LA.
What is the asking price?
The asking price for this property is $121,500.
What are key features of this property?
This property features: Move‑in‑ready, versatile 1,200 SF commercial building suitable for retail, office, light industrial, or service‑based businesses.; Nearly ½ acre corner lot offering ample space for parking, expansion, or outdoor storage.; Includes heavy‑duty equipment: (2) Yale 1‑Ton FWA Cable Trolleys and (2) 1‑Ton Budgit hoists.
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