Property summary
This exceptional 3,785 square foot restaurant is ideally situated on a 0.73-acre lot in the heart of Monroe, Louisiana. Its prime location offers unparalleled access to a diverse range of amenities, including nearby hospitals, entertainment venues, residential areas, and apartment complexes, ensuring a consistent flow of potential customers. The property presents a remarkable investment opportunity for discerning buyers seeking a well-positioned, established business in a thriving community. The substantial building size allows for ample space to accommodate a variety of restaurant concepts or potential expansion. The 0.73-acre lot provides ample parking and potential for outdoor seating or further development. This turnkey operation is ready for a new owner to step in and capitalize on its established presence and strategic location within Monroe's vibrant commercial landscape. The asking price of $1,899,000 reflects the significant value and potential return on investment this property offers. This is a rare chance to acquire a well-established restaurant in a high-demand area, making it an exceptional opportunity for growth and profitability. Serious inquiries are encouraged to explore this lucrative investment prospect further. The property's central location ensures high visibility and accessibility, making it an attractive destination for both locals and visitors.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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