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Turn-Key QSR/Retail For Sale with 1.89 AC 1412 Ridge Ave 2,261 SF Retail Building West Monroe, LA 71291 $699,500 ($309.38/SF)

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INVESTMENT HIGHLIGHTS

  • QSR/Retail space with potential development in West Monroe.
  • Total 1.89 AC with Building
  • Built in 2018 by ARCO Builders. 2,261 SF of Brick Veneer & Stucco Construction

EXECUTIVE SUMMARY

ASSUMABLE LOAN & OWNER FINANCING OPTIONS – RARE OPPORTUNITY!
PRIME WEST MONROE COMMERCIAL PROPERTY
Built 2018 | 1.89± Acres.
Turnkey 2,261 SF QSR/Retail building, built by ARCO Builders in 2018. The QSR sits on a .945± acre paved lot with 35 striped parking spaces and full utility infrastructure. BONUS: The adjacent .945± acre lot is now included with the sale of the building! Creating a total of 1.89± acres! Ideal for expansion, additional parking, or future development.
Features include: customer seating area, wrap-around service counter, commercial kitchen with grease interceptor, stock room, employee break area, office with one-way glass window, staff & public restrooms, outdoor patio, 8-camera security system, plus gutter, drainage & lighting systems.
Flexible Zoning & Layout: suitable for restaurant reuse, medical/professional office, flex retail + service, or conversion to multi-tenant space.
Purchase Options:
Assumable loan available for qualified buyers;
Owner financing available for qualified buyers;
Cash or conventional financing also accepted.
Highlights: modern construction (2018), ample parking, included FF&E, expansion-ready lot, motivated seller open to all serious offers.
Give me all call - let's talk opportunity!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,261 SF
Building Class
B
Year Built
2018
Price
$699,500
Price Per SF
$309.38
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.89 AC
Zoning
B-3 - General Business District
Parking
25 Spaces (11.06 Spaces per 1,000 SF Leased)
Frontage
190’ on Ridge Ave

AMENITIES

  • 24 Hour Access
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

NEARBY MAJOR RETAILERS

Newk's Eatery
Rent-A-Center
Anytime Fitness
Brookshire's Food & Pharrmacy
1st Heritage Credit
Origin Bank
b1Bank
CrossFit
Regions Bank
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41383
Land Assessment
$13,779
Improvements Assessment
$62,901
Total Assessment
$76,680
  • Listing ID: 33995166

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 1412 Ridge Ave, West Monroe, LA 71291

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