1800 Louisville Avenue,  Monroe LA, 71201

(Pending)
$795,000
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MLS# 186313
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Last Updated: 4/25/2019 7:03 PM
Description for 1800 Louisville Avenue Monroe, LA 71201
One of Monroe's busiest and most valuable corners. Daily traffic counts 22,000 on Louisville and 16,000 on N. 18th St. with direct access to Interstate 20. This property is under a land lease for the next 6.5 years (August 2025). There are no renewal options beyond this. The land lease pays $2,600 per/mo or $31,200 per/yr. At the end of the land lease the buyer will own the 9,700 SF retail center plus a lot on N. 17th St. The land total is approximately 1.14 acres. The current retail tenants are Buddy's Furniture, Flair Jewelers and Dixie Cleaners. There is a "first right of refusal" on this property. All measurements approximate. Buyer to Verify.
Price
$795,000
Other
OUACHITA
186313
Pending
Description
One of Monroe's busiest and most valuable corners. Daily traffic counts 22,000 on Louisville and 16,000 on N. 18th St. with direct access to Interstate 20. This property is under a land lease for the next 6.5 years (August 2025). There are no renewal options beyond this. The land lease pays $2,600 per/mo or $31,200 per/yr. At the end of the land lease the buyer will own the 9,700 SF retail center plus a lot on N. 17th St. The land total is approximately 1.14 acres. The current retail tenants are Buddy's Furniture, Flair Jewelers and Dixie Cleaners. There is a "first right of refusal" on this property. All measurements approximate. Buyer to Verify.
Listing Information
Property Type: Retail, Other
1.14 Acres
Other
Public Water Service
Public Sewer
Onsite Electric, Other, Electric
Neighborhood
Room Information
Interior Features
Central Air
Electric Heating, Central
3
Exterior / Lot Features
Concrete Driveway
None
In City, Strip Mall
Driving Directions
CORNER OF 18TH ST & LOUISVILLE AVE. - NEXT TO STATE FARM OFFICE.
Listing Price History

Monroe Real Estate

Monroe is located in Louisiana. Monroe, Louisiana 71201 has a population of 49,598.

The median household income in Monroe, Louisiana 71201 is $28,565. The median household income for the surrounding county is $39,111 compared to the national median of $53,482. The median age of people living in Monroe 71201 is 31.6 years.

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Courtesy: Tri State Properties, LLC
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2019 Northeast Louisiana Board of Realtors. All rights reserved.
This content last refreshed on 4/25/2019 7:03 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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