2105 Justice St, Monroe, LA 71201
sale
$299,000
|
Other
Courtesy Of John Rea Realty
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.
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Property Features
- Age: Over 50 Years Old
- Amenities: Porch
- Exterior Type: Brick
- Exterior Type: Vinyl Siding
- Floors: 1
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: 11833153
- Roof Type: Asphalt
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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