2105 Justice St - Serviced Offices FOR SALE


Monroe, LA 71201
$299,000 USD
318-388-0941
2105 Justice St, Monroe, LA for Sale
$299,000 USD
Serviced Offices - FOR SALE
1/11
null | 3.67% Cap Rate

2105 Justice St
Monroe, LA 71201


HIGHLIGHTS

  • Located in Forsythe Business Park
  • 2 Units occupied with 3 available

OVERVIEW

5-Unit Office Investment | Forsythe Business Park | Monroe, LA Take advantage of this income-producing office investment opportunity in the highly desirable Forsythe Business Park. This well-maintained multi-tenant office building consists of five individual suites, each approximately 537 square feet and featuring two private offices, a reception/lobby area, and a private restroom. The flexible floor plans accommodate a variety of professional office, personal service, and boutique business uses. Current Occupancy & Income: Unit A:Available June 15, 2026 – $800/month Unit B: Leased – $800/month Unit C: Leased – $800/month Unit D: Leased – $625/month Unit E:Leased – $625/month Current Monthly Income: $2,850 Potential Monthly Income at Full Occupancy: $3,650 Unit B previously operated as a salon and includes a large water heater, making it particularly attractive for similar service-oriented businesses. With only one upcoming vacancy, this property offers immediate cash flow with minimal lease-up risk and additional upside through the occupancy of Unit A. Whether you're an investor seeking a stable income-producing asset or an owner-user looking to occupy a suite while benefiting from rental income from the remaining tenants, this property presents a compelling opportunity. Located in one of Monroe's most active commercial corridors, the property offers excellent visibility, convenient access, and strong long-term investment potential.

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

3.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Justice Street Office Suites

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Serviced Offices

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

B-2

APN/PARCEL ID

59379

ASK ABOUT THIS PROPERTY

Mark PhelpsJohn Rea RealtyMore Info
318-388-0941

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Mark PhelpsJohn Rea RealtyMore Info
318-388-0941

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.