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Open-Plan Flex Space
For Sale
$300,000

508 S Monroe St, Ruston, LA 71270

Large work area and multiple office spaces support varied commercial configurations.

Property SizeContact for details
Days on Market37

Property Features for 508 S Monroe St

General Information

Standard status Active
Listing Agency: Brasher Group
Listed By: Kim Brasher · License #0000053575
Source: Exprealty
Added: Jul 15 Changed: Aug 14 Last Checked: Aug 20 at 11:24AM

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 Brasher Group

Investment Insights

Based on property information with market context.

Located at 508 S. Monroe Street in Ruston, Louisiana, this flex space combines a substantial open work area with multiple office spaces. The adaptable interior can support retail, office, service, studio, training, showroom, and other commercial functions identified for the property.

The property is minutes from Louisiana Tech University and Downtown Ruston, with access to shopping, dining, and major roadways. Its visible commercial setting provides a practical location for an owner-user, service business, showroom, or other operation needing a combination of open workspace and enclosed offices.

The layout also offers flexibility for an investor or business owner seeking a commercial property that can accommodate different operating formats or generate rental income.

Key Highlights

  • Large open workspace paired with multiple office spaces
  • Located at 508 S. Monroe Street in Ruston, LA
  • Minutes from Louisiana Tech University and Downtown Ruston

Property Analytics

Current Use

String A Long Daycare Daycare Center

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service HVAC Service Kitchen & Bath Showroom 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.

Location Intelligence

Trade Area within ½ mile

1,082
Businesses Nearby
Under-served
Demand for This Use

Demographics for 71270, LA

31,513
Population
14,238
Households
2.2
Avg Household Size
32
Median Age
40%
College-Educated
89%
High-School Grad
206.9 sq mi
ZIP Area
152
Density / Sq Mi
$37,599
Median Household Income
$23,883
Median Earnings
$819
Median Rent
$218,600
Median Home Value

Market

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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Similar Off Market Nearby

  • LIL RAGGZ CRAWDADS 1012 Oakdale St, Ruston, LA 71270

Frequently Asked Questions

What type of property is this?
Flex space - Large work area and multiple office spaces support varied commercial configurations.
Where is this flex space located?
The property is located at 508 S Monroe St Ruston, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Large open workspace paired with multiple office spaces; Located at 508 S. Monroe Street in Ruston, LA; Minutes from Louisiana Tech University and Downtown Ruston
More about this property
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