2105 Justice Street, Monroe, LA 71201
sale
$299,000
|
Office
Courtesy Of John Rea Realty
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Brick Veneer
- Exterior Type: Brick
- Floor Covering: Concrete
- Heating System: Electric (Heating)
- MLSID: 217307
- Roof Type: Fiberglass
- Rooms: Office
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