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    West Monroe, LA Restaurants for Sale

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    West Monroe Restaurant Opportunity
    Updated: Feb 11
    West Monroe Restaurant Opportunity

    505 CONSTITUTION DRIVE, West Monroe, LA 71292

    $675,000
    4,772 sqft
    Prime restaurant location in the heart of West Monroe, Louisiana.
    Formerly a Hooters location, offering potential for immediate restaurant setup.
    Centrally located among over 10 national hotels.
    Close proximity to national retail chains.
    Near a new city development including a bowling alley and entertainment center.
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    This listing looks promising.

    Here's a quick look at some key insights for

    505 CONSTITUTION DRIVE, West Monroe, LA 71292

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $61K
      Annual

    • Mortgage

      $871K
      Recorded

    • Property Type

      Commercial (General)
      Built 2000
    View Property Analytics
    Commercial Land with Three Entrances
    Updated: Jan 13, 2025
    Commercial Land with Three Entrances

    2342 ARKANSAS ROAD lot: 2350 Arkansas Road, West Monroe, LA 71291

    $975,000
    2.04 AC lot
    Public water source available.
    Approx. 300' of road frontage on Arkansas Road with three entrances.
    Property includes commercial uses such as a shopping strip center and retail store.
    Possible combo of storage buildings.
    Addresses listed for current usage: 2342, 2346, and 2350 Arkansas Road.
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    Restaurant Opportunity in Retail Corridor
    Restaurant Opportunity in Retail Corridor

    226 Blanchard St, West Monroe, LA 71291

    $711,000
    5,688 sqft 1.35 AC lot

    Restaurant property in high-density retail area near Highway 20.

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    West Monroe Restaurant Investment Opportunity
    West Monroe Restaurant Investment Opportunity

    311-315 Wood St, West Monroe, LA

    $495,000
    6,588 sqft 0.16 AC lot

    Two established restaurants for sale in historic downtown West Monroe.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Restaurant Opportunity in High-Traffic Area
    Restaurant Opportunity in High-Traffic Area

    202 Blanchard St, West Monroe, LA 71291

    Contact for pricing
    4,450 sqft 1.66 AC lot

    Restaurant property in a densely populated retail corridor.

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    Turnkey QSR/Retail Building with Land
    Turnkey QSR/Retail Building with Land

    1412-1412 Ridge Ave, West Monroe, LA

    $574,000
    2,261 sqft 1.27 AC lot

    West Monroe QSR/Retail building with expansion-ready lot.

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    Freestanding Restaurant with I-20 Frontage
    Freestanding Restaurant with I-20 Frontage

    224 Blanchard St, West Monroe, LA 71291

    Contact for pricing
    8,268 sqft 1.70 AC lot

    Built in 2011, former Cheddar's Scratch Kitchen includes restaurant space, owned FF&E, and 138 parking spaces.

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    Leased Restaurant Outparcel Building
    Leased Restaurant Outparcel Building

    201 Constitution Dr, West Monroe, LA 71292

    Contact for pricing
    7,839 sqft 1.14 AC lot

    Standalone restaurant outparcel near an Academy Sports-anchored shopping center with remaining lease term and renewal options.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in West Monroe, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Strip Center
    Multi-Tenant Strip Center

    5100 Desiard Street, Monroe, LA 71203

    $1,300,000
    12,570 sqft

    Fully occupied multi-tenant strip center with retail and food-and-beverage tenants, including a Mexican restaurant and coin laundry.

    View details
    High Visibility Commercial Property
    High Visibility Commercial Property

    3449 New Monroe Rd, Bastrop, LA 71220

    $150,000
    2,000 sqft

    Commercial property with high visibility and road frontage.

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    Turnkey Restaurant with Patio
    Turnkey Restaurant with Patio

    605 LOUISVILLE AVENUE, Monroe, LA 71201

    $150,000

    Former restaurant space with bar area, private dining rooms, and a hood ventilation system with gas hookups.

    View details
    Corner Retail and Restaurant Building
    Corner Retail and Restaurant Building

    3467 New Monroe Rd, Bastrop, LA 71220

    $150,000

    Corner lot commercial building offers large retail space with multiple use setups, including systems supporting restaurant operations.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale
    Land For Sale

    317 Circle Dr, West Monroe, LA 71291

    $74,000
    0.33 AC lot

    0.33 acre land available.

    View details
    High-Visibility Commercial Development Land
    High-Visibility Commercial Development Land

    1322 Cooktown Road, Ruston, LA 71270

    $2,500,000
    4.24 AC lot

    Commercially zoned, partially cleared development site with strong frontage along a highway business corridor near I-20.

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    Land with Concrete Slab
    Land with Concrete Slab

    571 Hwy 183, Rayville, LA 71269

    $160,000
    0.64 AC lot

    Commercial land off Hwy 183 with concrete slab and utilities, including sewer, water, and electrical meters in place.

    View details
    El Dorado Development Opportunity
    El Dorado Development Opportunity

    Corner of 19th and College, El Dorado, AR 71730

    $437,500
    12.10 AC lot

    12.5-acre commercial land for development in El Dorado, AR.

    View details

    West Monroe, LA Restaurants Market Trends and Statistics

    Explore 8 restaurants for sale in West Monroe, LA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 19,309 square feet of properties for sale, with an estimated market value of $2,455,000.

    Sale prices for restaurant properties in West Monroe, LA start at $495,000, averaging $613,750, and reaching up to $711,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Coffee shops 1
    Turn key restaurants 1

    Demographics Overview

    Population 57K
    Population Growth (5Y) +9.0%
    Median Household Income $62,249
    College Educated 21.9%

    High-Yield Neighborhoods for Investment

    Identify West Monroe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    71292 $491.7K
    71291 $607.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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