2701 Oliver Rd Monroe, LA 71201
- Commercial real estate
- 0.34 lot acres
Current Use by Public Records
- Cajun Mobility / Wheelchair Store
Property Details for 2701 Oliver Rd
- Year built
- 1961
- Lot size
- 0.34 lot acres
- Property type
- Commercial real estate
- APN
- 42439
- APU
- 42439
Description
This exceptional mixed-use property, located at 2701 Oliver Rd in Monroe, Louisiana, presents a compelling investment opportunity. The 5,976 square foot building, constructed in 1961, sits on a 0.51-acre lot and boasts six individual units, currently vacant, offering immediate potential for rental income. The property is zoned for commercial use and features ample parking with 10 spaces available. Its strategic location in North Monroe, near Forsythe, ensures high visibility and significant daily traffic, making it ideal for a variety of businesses. The asking price is $349,000, translating to a price per square foot of $58.40. The single-story building offers a flexible layout adaptable to diverse commercial needs. This is a rare opportunity to acquire a well-situated, multi-unit commercial property in a thriving area of Monroe, Louisiana. The property's size, location, and vacancy status make it an attractive investment for both seasoned and emerging commercial real estate investors. Don't miss this chance to secure a prime commercial asset in a high-traffic area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Ouachita
- State
- Louisiana
- Longitude
- -92.1077
- Latitude
- 32.5419
- CBSA code
- 33740
- CBSA name
- MONROE, LA METROPOLITAN STATISTICAL AREA
