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 Excellent opportunity to acquire a multi-tenant office building in the highly desirable Forsythe Business Park in Monroe. This well-located property consists of five individual office suites, each approximately 537 square feet and thoughtfully designed with two private offices, a reception/lobby area, and a restroom—ideal for a variety of professional or service-oriented users. Current Occupancy & Income: Unit A: Owner-occupied (no current rental income) Units B & C: Vacant and available for lease at $800/month per unit Unit B was previously utilized as a salon and includes a large water heater, offering flexibility for similar uses Units D & E: Currently leased with a combined monthly income of $1,300 This property presents a strong value-add opportunity with immediate leasing potential and upside through stabilization of vacant units. Its flexible layout supports a wide range of uses including professional offices, boutique retail, personal services, and more. Highlights: Prime location in Forsythe Business Park Multi-tenant investment with upside potential Functional suite layouts with private restrooms Established business corridor with strong visibility and accessibility Whether you're an investor seeking income growth or an owner-user looking to occupy a portion while generating supplemental income, this property offers versatility and long-term potential in one of Monroe’s most active commercial areas.

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

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Mark PhelpsJohn Rea RealtyMore Info
318-388-0941

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