2105 Justice St, Monroe, LA 71201
New

$299,000
Active for Sale
 
Listing ID 11833153
Property Type Commercial Building
Parish Ouachita
School City of Monroe School District
Tax ID WARD 30-000.000-000B-2 & 3.000
FEMA Flood Map fema.gov/portal
Year Built 1974
   
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5-Unit Office Investment | Forsythe Business Park

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.
Property Details
  • 5 Full Baths
  • 2815 SF (AG)
  • 0.21 Acres
  • Built in 1974
  • 1 Story
  • Available 6/16/2026
  • Renovation: 4 of the 5 units have new flooring and fresh paint.
Unit Information
Unit #1Office/Storefront Retail, Gross Area: 2818, Net Leasable Area: 2818, Full Baths: 5, Occupied, Unit Count: 5
Interior Features
  • Luxury Vinyl Tile Flooring
  • Forced Air
  • 5 Heat/AC Zones
  • Gas Fuel
  • Central A/C
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Vinyl Siding
  • Asphalt Shingles Roof
  • Municipal Water
  • Municipal Sewer
  • Open Porch
  • Subdivision: Forsythe Business Park
Commercial Info
  • Wilson Realty (Business Name)
  • Uses: 5 Suite Office Building
Income/Expenses
  • Gross Income $2,850
  • Paid by Landlord: Gas, Water
Listed By
John Rea Realty
Office: 318-388-0941
Mobile: 318-237-5153
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