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363 Venable Ln Monroe, LA 71203

For Sale
$1,150,000

Prime Commercial Property, 6,800 SF

Property size:
6,800 SF

Description

Added:
Dec 11, 2024
Days on Market:
361
Exceptional investment opportunity in Monroe, Louisiana, presents a 6,800 square foot commercial property encompassing office and land totaling 11.5 acres. This property boasts a strategic location near major corporations like Centurylink, Lumin, and IBM, conveniently situated off Highway 165N. The property's history includes use as a corporate office for a statewide fiber internet provider, benefiting from robust fiber optic connectivity to Dallas, New Orleans, and Atlanta via diverse routes. Lumin/Centurylink service is readily accessible at the Highway 165 vault. The complex comprises multiple buildings: Building #1 features approximately 5,200 square feet, including 2,000 square feet of warehouse storage and 3,200 square feet of heated office space, complemented by a large overhead door, full kitchen, bathroom, and a 1,500 square foot lean-to shed with a new metal roof. Building #2 offers approximately 1,200 square feet of heated space, encompassing four to five offices, a meeting room, storage room, bathroom, and break area. Two additional buildings are steel-reinforced concrete storm bunkers, each measuring 240 square feet. A 70 KW Generac generator system ensures reliable power for all buildings. The asking price is $1,150,000. While this listing focuses on the commercial buildings, the property also includes a separate residential component (approximately 6,000 square foot home, large RV garage, and 5-door storage shed) on an additional 7-8 acres. The seller may consider selling the commercial buildings separately.

Property Features for 363 Venable Ln

General Information

Property type
Land
Square Feet
6,800 SF
Lot Size
500,940 SF

HighLights

  • Exceptional investment opportunity: 11.5‑acre commercial property in Monroe, LA, near Centurylink, Lumin, and IBM, off Highway 165N.
  • 6,800 SF of commercial space including multiple buildings with office and warehouse space.
  • Building #1: 5,200 SF (3,200 SF heated office, 2,000 SF warehouse, overhead door, kitchen, bathroom, 1,500 SF lean‑to shed). Building #2: 1,200 SF heated office space. Two additional 240 SF storm bunkers.
  • Robust fiber optic connectivity; 70 KW Generac generator.
  • Asking price: $1,150,000; Seller may consider selling commercial buildings separately.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Uniti Fiber Internet Service Provider

Suggested Use

Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Kitchen & Bath Accounting Firm HVAC Service

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

Location Insight

  • Map
  • Local Demand
City
Monroe
County
Ouachita
State
Louisiana
Longitude
-92.0790174
Latitude
32.5867907

FAQs

What type of property is this?
Land - Prime Commercial Property, 6,800 SF
Where is this land located?
The property is located at 363 Venable Ln Monroe, LA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Exceptional investment opportunity: 11.5-acre commercial property in Monroe, LA, near Centurylink, Lumin, and IBM, off Highway 165N.; 6,800 SF of commercial space including multiple buildings with office and warehouse space.; Building #1: 5,200 SF (3,200 SF heated office, 2,000 SF warehouse, overhead door, kitchen, bathroom, 1,500 SF lean-to shed). Building #2: 1,200 SF heated office space. Two additional 240 SF storm bunkers.
More about this property
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