Barber Shop with Rental
For Sale
Contact for pricing
137 ROWLAND ROAD, Monroe, LA 71203
Barber shop with additional rental income opportunity in Monroe.
Property Size1,514 SF
Price / SF$138.04
Days on Market1237
Property Features for 137 ROWLAND ROAD
General Information
Standard status
Active
Size
1,514 SF
Property subtype
Office
Building Details
Year Built
1989
Listing Agency:
Coldwell Banker Group One Realty
(318) 614-8130
Listed By:
Andrea Brown · License #995710935
Source:
Crexi
Added: Apr 13, 2023
Changed: Aug 26
Last Checked: Aug 29 at 9:43PM
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 property presents an investment opportunity with a barber shop featuring six stations, including three barber stations and three beauty stations. The shop also includes a shampoo station and a dryer chair. A large waiting area and an office are part of the layout. In the back of the building, there is an additional living space that could be used for rental income or retail space for lease. Behind the building, three trailers are currently occupied by tenants, generating $1,800 per month in rental income ($600 per trailer). The property is located in Monroe, LA and has a size of 1,514 square feet.
Key Highlights
- Established barber shop with 6 stations, shampoo station, dryer chair, large waiting area, and office.
- Additional living/retail space in the back offers potential rental income.
- Three occupied trailers behind the building generate $1,800/month in rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
52k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 32%
SONIC Drive In
Dining
12,698 visits/mo
0.1 miles
Circle K
Shops & Services
12,158 visits/mo
0.1 miles
Dollar Tree
Shops & Services
10,151 visits/mo
0.2 miles
Chevron
Shops & Services
8,290 visits/mo
0.1 miles
Roses Discount Store
Shops & Services
5,027 visits/mo
0.0 miles
Demographics for 71203, LA
37,438
Population
17,178
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
118.5 sq mi
ZIP Area
316
Density / Sq Mi
$46,822
Median Household Income
$35,630
Median Earnings
$987
Median Rent
$181,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Barber shop with additional rental income opportunity in Monroe.
Where is this storefront property located?
The property is located at 137 ROWLAND ROAD Monroe, LA.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Established barber shop with **6 stations**, shampoo station, dryer chair, large waiting area, and office.; Additional living/retail space in the back offers **potential rental income**.; Three occupied trailers behind the building generate $1,800/month in rental income.
