2805 Evangeline St Monroe, LA 71201-3749

Property Details for 2805 Evangeline St

Year built

1985

Lot size

0.22 lot acres

Property size

2,429 SF

Property type

Office Properties & Spaces

APN

87962

APU

87962

Description

This exceptional mixed-use property, located at 2805 Evangeline Street in Monroe, Louisiana, presents a compelling investment opportunity. The 2,427 square foot building, constructed in 1985, sits on a 0.22-acre lot and is zoned for commercial use. Currently boasting 75% occupancy, the property features three separate units, two of which are nearly identical in size and layout, while the third is slightly smaller. This configuration offers flexibility for a variety of uses and potential for increased rental income. The asking price is $240,000, translating to a price per square foot of $98.89. The property's strategic location provides convenient access to major thoroughfares, including Highway 165 and Interstate 20, ensuring high visibility and accessibility for businesses and customers. This single-story building presents a solid investment opportunity in a thriving commercial area of Monroe, within Ouachita Parish, Louisiana, zip code 71201. The property's strong location and existing tenant base make it an attractive prospect for investors seeking a stable and potentially high-return investment. Further details are available upon request.

Location Insight

City

Monroe

County

Ouachita

State

Louisiana

Longitude

-92.0923

Latitude

32.534

CBSA code

33740

CBSA name

MONROE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments