363 Venable Ln Monroe, LA 71203

Property Details for 363 Venable Ln

Lot size

11.50 lot acres

Property size

6,800 SF

Property type

Commercial real estate

Description

Exceptional investment opportunity in Monroe, Louisiana, presents a 6,800 square foot commercial property encompassing office and land totaling 11.5 acres. This property boasts a strategic location near major corporations like Centurylink, Lumin, and IBM, conveniently situated off Highway 165N. The property's history includes use as a corporate office for a statewide fiber internet provider, benefiting from robust fiber optic connectivity to Dallas, New Orleans, and Atlanta via diverse routes. Lumin/Centurylink service is readily accessible at the Highway 165 vault. The complex comprises multiple buildings: Building #1 features approximately 5,200 square feet, including 2,000 square feet of warehouse storage and 3,200 square feet of heated office space, complemented by a large overhead door, full kitchen, bathroom, and a 1,500 square foot lean-to shed with a new metal roof. Building #2 offers approximately 1,200 square feet of heated space, encompassing four to five offices, a meeting room, storage room, bathroom, and break area. Two additional buildings are steel-reinforced concrete storm bunkers, each measuring 240 square feet. A 70 KW Generac generator system ensures reliable power for all buildings. The asking price is $1,150,000. While this listing focuses on the commercial buildings, the property also includes a separate residential component (approximately 6,000 square foot home, large RV garage, and 5-door storage shed) on an additional 7-8 acres. The seller may consider selling the commercial buildings separately.

Location Insight

City

Monroe

County

Ouachita

State

Louisiana

Longitude

-92.0790174

Latitude

32.5867907