Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1648 Richwood Rd Monroe, LA 71202
    Back to Search
    Property profile & analytics

    1648 Richwood Rd, Monroe, LA 71202

    View on Map

    • Restaurants
    • 1,500 SF
    • 0.43 lot acres
    Prime Monroe Restaurant w/ Drive-Thru For Sale
    $180,000
    1,500 SF

    Prime Monroe Restaurant w/ Drive-Thru

    Established Restaurant, Drive-Thru, Ample Parking

    1648 Richwood Rd, Monroe, LA 71202
    View Listing

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Restaurants

    Property Details for 1648 Richwood Rd

    Year built
    2014
    Lot size
    0.43 lot acres
    Property type
    Restaurants

    Description

    This exceptional 1,500 square foot restaurant in Monroe, LA, presents a fantastic investment opportunity. Boasting a convenient drive-thru, the property includes a 465 square foot front dining area, sales counter, two public restrooms, a main kitchen, prep kitchen, pantry, and a janitor/utility closet. The sale includes a comprehensive suite of commercial kitchen equipment, encompassing two sales counters, a display cooler, a gas oven with six burners and a 36-inch manual griddle, three gas fryers with six baskets, a vented hood with a fire suppression system, a glass double-door cooler, a commercial ice maker, a three-compartment sink, two hand sinks, steel shelving, two refrigerators, and four towel and soap dispensers. Adding significant value, a 0.22-acre side lot is included, ideal for additional parking or future expansion. This presents a unique opportunity to acquire a thriving business with significant potential for growth. An adjacent 0.25-acre lot is also available for separate purchase at $20,000, offering further expansion possibilities. The property sits on a total of 0.43 acres. Detailed floor plans are available upon request. This turnkey operation is ready for a new owner to step in and continue its success.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    OUACHITA
    State
    Louisiana
    Longitude
    -92.0872
    Latitude
    32.454
    View Listing
    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