601-609 N 5th St, Monroe, LA 71201

$2,230,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Property Description

Excellent investment opportunity featuring a diverse portfolio of income-producing commercial properties. The portfolio includes 601 N. 5th Street, 607 N. 5th Street, WillStor, and 1025 North 9th Street, offering multiple revenue streams through executive office suites, an established commercial tenant, and climate-controlled storage. 601 N. 5th Street was completely gutted in 2019 and extensively renovated to accommodate 20 executive office suites. Each suite features individual thermostat control, keyless entry, and convenient exterior access. All utilities and fiber-optic Wi-Fi are included. Tenant amenities include a full kitchen and a 12-person conference room available at no additional charge. 607 N. 5th Street is currently leased to Rustico, providing an additional income-producing component. The portfolio also includes WillStor, a climate-controlled storage facility featuring 60 storage units, 24-hour key-fob access, motion-activated lighting, two bathrooms, and interior and exterior security cameras. 1025 North 9th Street offers a professional office property conveniently located near Louisville Avenue with easy access to I-20. The building features 10 individual offices, a reception area, kitchen, two restrooms, and additional storage space. Recent improvements include new heating and cooling units, with carpeted flooring and ample parking adding to the property's functionality. The property is approximately 95% leased, with only one office suite remaining available for lease. This versatile commercial investment combines established tenancy, executive office space, and climate-controlled storage, offering multiple income-producing opportunities within one portfolio. An excellent opportunity for investors seeking diversified commercial assets in a convenient Monroe location. Call your favorite realtor today!!!!

What's Your Home Worth?

Thinking of selling or interested in learning about a neighbor's house? We can help you see what it's worth.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Parishwide Partners.