226 Blanchard St - Restaurant FOR SALE


West Monroe, LA 71291
$175,000 USD
301-706-4619
226 Blanchard St, West Monroe, LA for Sale
$175,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

226 Blanchard St
West Monroe, LA 71291


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former 5,688 SF Restaurant | 75K VPD | 2007 Built | AUCTION OCTOBER 19-21
  • 5,688 SF Freestanding Restaurant on 1.34 Acres: Offers a flexible layout for restaurant reuse, retail, entertainment, or service.
  • High-Exposure Position Just Off Interstate 20: More than 74,800 vehicles pass daily nearby in West Monroe's primary retail and hotel district.
  • 200 Feet of Frontage with ±50 Parking Spaces: Blanchard Street access and ample paved area support strong visibility and convenient circulation.
  • Cinemark Outparcel Amid National Retailers: Flagged hotels, restaurants, and big-box anchors surround the site and drive consistent traffic.
  • Dense Three-Mile Consumer and Workforce Base: Approximately 38,384 residents and 32,522 daytime employees support local commercial demand.

OVERVIEW

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 226 Blanchard Street in West Monroe, Louisiana is a vacant ±5,688 SF freestanding restaurant on ±1.34 acres offered significantly below replacement cost with FIRST BID MEETS RESERVE. Built in 2007, the Property features approximately 200 feet of frontage along Blanchard Street, ±50 surface parking spaces, a recently replaced 2021 roof, and existing restaurant infrastructure suited for reuse or repositioning. The site sits just off Interstate 20 in the Thomas Road commercial district, positioned as an outparcel to Cinemark and surrounded by hotels, national retailers, restaurants, medical facilities, and other demand generators. Traffic on nearby I-20 exceeds 74,800 VPD, while the three-mile trade area includes approximately 38,384 residents and 32,522 daytime employees. Estimated retail market rent is $14–$18 PSF, providing additional lease-up potential for an investor or owner-user seeking to establish an attractive basis in one of West Monroe’s most active commercial corridors.

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction – Former 5,688 SF Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

C-2

APN/PARCEL ID

106942

ASK ABOUT THIS PROPERTY

Adam SklaverMarcus & MillichapMore Info
301-706-4619

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Adam SklaverMarcus & MillichapMore Info
301-706-4619

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