901 3rd St Monroe, LA 71201-5843
This exceptional 2,828 square foot mixed-use building at 901 3rd Street in Monroe, LA presents a unique investment opportunity. Previously utilized as a museum and most recently as a law office, this historic landmark offers a blend of classic elegance and modern functionality. The spacious layout includes four individual office spaces, perfect for a variety of business configurations. A dedicated conference room facilitates meetings and collaborations, while a convenient copy room and sunroom add to the property's versatility. The building boasts charming architectural details, including four fireplaces, adding to its unique character. A fully equipped kitchen with a utility/pantry room provides ample storage and workspace. Two bathrooms ensure convenience for staff and clients. Recent improvements include updated flooring, and the HVAC system has undergone regular maintenance, ensuring reliable climate control. Sold "as is," this property offers significant potential for customization to meet specific business requirements. Whether seeking a prestigious address or a space to adapt to your company's needs, this property in the heart of Monroe presents an unparalleled opportunity. Don't miss this chance to acquire a piece of Monroe's history and establish your business in a truly remarkable setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.