2300 Lee Ave Monroe, LA 71202
- Schools
- 4,514 SF
Current Use by Public Records
- Macedonia Seventh-day Adventist Church / Seventh-Day Adventist Church / Church
- Macedonia SDA Church - Food Distribution Center / Food Bank
Property Details for 2300 Lee Ave
- Property size
- 4,514 SF
- Property type
- Schools
- Property subtype
- Churches & religious facilities
Description
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.
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
- -92.11005
- Latitude
- 32.48086
