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$ 279,000
Est. payment /mo
Price Dropped by $20K
2105 Justice St Monroe, LA 71201
5 Baths
2,815 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,815 sqft
Price per Sqft $99
MLS Listing ID 11833153
Full Baths 5
Year Built 1974
Property Description
5-Unit Office Investment | Forsythe Business Park | Monroe, LA Excellent investment opportunity in the highly sought-after Forsythe Business Park. This well-maintained multi-tenant office building features five individual suites, each approximately 537 square feet and designed with two private offices, a reception/waiting area, and a private restroom. The flexible layout is ideal for professional offices, personal service businesses, salons, and boutique commercial users. The property is currently generating $2,850 per month in rental income with four of five suites leased. Unit A will be available June 15, 2026, offering immediate leasing upside. At full occupancy, the property has the potential to generate approximately $3,650 per month. Unit B was previously utilized as a salon and includes a larger water heater, making it well-suited for similar service-oriented businesses. With strong existing occupancy, immediate cash flow, and only one upcoming vacancy, this property offers a rare combination of stability and value-add potential. Investors will appreciate the steady income stream, while owner-users have the opportunity to occupy a suite and offset ownership costs through rental income from the remaining tenants. Strategically located in one of Monroe's most established commercial corridors, the property benefits from excellent accessibility, professional surroundings, and long-term investment appeal. A turnkey office investment with upside potential in a proven business location.
Location
State LA
County 22073
Rooms
Dining Room 0
Kitchen 0
Building
Story 1
Sewer Municipal
Water Municipal
Structure Type Masonry - Brick