2300 Lee Ave Monroe, LA 71202
This exceptional property at 2300 LEE AVENUE in Monroe, Louisiana presents a unique investment opportunity. The building, a charming old-fashioned church, boasts 4,514 square feet of space, offering significant potential for adaptive reuse. Its character and architectural details create a captivating atmosphere, ideal for a variety of purposes. The property's significant advantage lies in its expansive land holdings. Unlike many comparable properties, this church sits on two lots, providing ample room for expansion or development. This extra space allows for significant flexibility in future plans, whether it's adding on to the existing structure, creating additional parking, or developing complementary structures. Currently, there is side parking accommodating six vehicles, but the additional vacant lots offer considerable potential for increased parking or other uses. The asking price for this substantial property is $140,000. Given its size, location, and the potential for expansion, this represents a compelling investment opportunity in the Monroe, LA market. The property's unique character and substantial land make it a rare find. Serious inquiries are encouraged to explore the possibilities this property offers.
-
Macedonia Seventh-day Adventist Church Church
-
Macedonia SDA Church - Food Distribution Center Food Bank Charitable Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.