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Restaurant Property with Patio
For Sale
$150,000

605 LOUISVILLE AVENUE, Monroe, LA 71201

COMMERCIAL/INDUSTRIAL, Monroe, LA

Property SizeContact for details
Days on Market212

Property Features for 605 LOUISVILLE AVENUE

General Information

Property type Residential
Property subtype Office
Rooms Dining Room
Interior features Extra Storage, Private Bathrooms
Exterior features Landscaping
Subdivision D A BREARD ADDN
Lot features Loc. in City Limits
Directions Head toward N 5th St on Louisville Ave (US-80). Go for 0.1 mi to reach 605 Louisville Ave.
Standard status Active
APN 46428,56920 & 138564

Taxes and HOA fees

Tax Description PARCEL #46428,56920 & PARCEL #138564; extended legals
Legal Description PARCEL #46428,56920 & PARCEL #138564; extended legals

Utilities

Heating system Central, Natural Gas
Cooling system Electric, Central Air

Amenities

bar area
private dining rooms

Building Details

Building materials Vinyl
Roof type Composition
Additional Structures Storage
Listing Agency: Keller Williams Parishwide Partners · Keller Williams Realty
Listed By: Lauren Creekmore
Added: Jan 28 Changed: Aug 26 Last Checked: Aug 28 at 10:06PM
MLS# 217877

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.

Located at 605 Louisville Avenue in Monroe, this former restaurant property includes a bar area, primary dining room, and two private dining rooms. The interior also provides two restrooms, a dedicated washing sink, walk-in cooler, stainless steel preparation tables, storage, and a ventilation hood with gas connections for grilling and frying. Central heating and cooling are installed, with natural gas heat and electric cooling.

An outdoor patio supports seating or events, while the separate land parcel behind the building provides private parking space. The property has vinyl construction, a composition roof, and landscaping. Its existing restaurant-oriented layout and equipment offer a defined starting point for continued food-service use.

Key Highlights

  • Former restaurant layout with bar, main dining room, and two private dining rooms
  • Walk‑in cooler, stainless steel prep tables, dedicated washing sink, and storage closet
  • Hood ventilation system with gas hookups for grilling and frying

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Travel Agency Pet Store & Service

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

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,573
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
76 Shops & Services
11,962 visits/mo 0.4 miles
Shell Shops & Services
4,059 visits/mo 0.2 miles
Chase Bank Shops & Services
2,599 visits/mo 0.1 miles

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

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant setup includes commercial food-service infrastructure and a separate rear land lot.
Where is this conventional restaurant located?
The property is located at 605 LOUISVILLE AVENUE Monroe, LA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Former restaurant layout with bar, main dining room, and two private dining rooms; Walk‑in cooler, stainless steel prep tables, dedicated washing sink, and storage closet; Hood ventilation system with gas hookups for grilling and frying
More about this property
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