Search
West Monroe Restaurant Opportunity
For Sale
$615,000

505 Constitution Dr, West Monroe, LA 71292

Restaurant building for sale in a prime location.

Property Size4,772 SF
Price / SF$128.88
Days on Market200

Property Features for 505 Constitution Dr

General Information

Standard status Active
Size 4,772 SF
Listing Agency: Coldwell Banker Group One Realty
Listed By: Mark Ouchley · License #0000018923
Source: Exprealty
Added: Feb 10 Changed: Aug 26 Last Checked: Aug 26 at 11:00AM

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 Coldwell Banker Group One Realty

Investment Insights

Based on property information with market context.

This 4,772 square foot building is located in West Monroe, Louisiana. Formerly a Hooters restaurant, the property is positioned in a central location near over 10 national hotels and national retail chains. The property is also located close to a new development planned by the city of West Monroe, which includes a brand new bowling alley and entertainment center for adults and kids. This location is suitable for a restaurant.

Key Highlights

  • Prime restaurant location in the heart of West Monroe, Louisiana.
  • Formerly a Hooters location, offering potential for immediate restaurant setup.
  • Centrally located among over 10 national hotels.

Property Analytics

Current Use

Underdogs Grill & Chill Restaurant

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Garden Center Kitchen & Bath Showroom Cafe & Coffee Shop Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby
561k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Apparel 15% Shops & Services 9% Leisure 8%
Academy Sports + Outdoors Apparel
78,365 visits/mo 0.4 miles
Chick-fil-A Dining
51,477 visits/mo 0.4 miles
Hobby Lobby Shops & Services
50,573 visits/mo 0.2 miles
Cinemark Tinseltown 17 Leisure
46,145 visits/mo 0.2 miles
Raising Cane's Chicken Fingers Dining
40,452 visits/mo 0.4 miles

Demographics for 71292, LA

22,774
Population
10,257
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
153.7 sq mi
ZIP Area
148
Density / Sq Mi
$51,317
Median Household Income
$40,879
Median Earnings
$885
Median Rent
$119,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Hibachi grill and buffet 120 Blanchard St, West Monroe, LA 71291
  • Hibachi Grill Sushi & Buffet 120 blanchard st, west monroe, la 71291

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building for sale in a prime location.
Where is this conventional restaurant located?
The property is located at 505 Constitution Dr West Monroe, LA.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Prime restaurant location in the heart of West Monroe, Louisiana.; Formerly a Hooters location, offering potential for immediate restaurant setup.; Centrally located among over 10 national hotels.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message