708 N 29TH STREET $6,825,000

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    708 N 29TH STREET Monroe, LA 71201

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    $6,825,000

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    • 7.69 Acres
    • Commercial Sale
    • MLS# 189581
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    Views: 118 Days On Market: 158

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    Property Details

    6 Locations - 700 Mini-Storage Units/UHaul Service Contracts. 98,398 TSF @ $6,825,000 - Global Offer. 708 N 29th St - 123 Units. 21,569 SF @ 1.377 +/- Acres. Parcel #33043 @ $2,500,000. Roof - 2017 with 10 Yr Warranty/ProSet. Boat/RV Storage @ 2 Yrs. On-Site Drop Box. 100% Climate Controlled with On-Site Management. LED Lighting/Security Systems in place. Built 1984. 4547 Cypress St - 136 Units. 17,035 SF @ 2.313 +/- Acres. Parcels #88180/88181/88182 @ $2,600,00. NEW! Opened January 2019. Excellent I-20 Exposure! 100% Climate Controlled. 100% LED Lighting. Security Camera/Systems in place. Built 2019. 4 Closed Cell Foam Insulation. On-Site Drop Box. Commercial Lease @ $4000/mo - 3 Yrs remaining - 5 Yr Term. Option to renew at 5 Yrs/$50,000 Buy Out. 609 Washington St - 77 Units. 9,500 SF @ .63 +/- Acres. Parcels #47432 @ $395,000. No UHaul Services. 100% Non-Climate. No On-Site Management. On-Site Drop Box. Comes with active website directly tied to management software. LED Lighting/Security Lighting in place. Built 1995. 5680 Hwy 165 S Bypass - 111 Units. 12,200 SF @ 1.27 +/- Acres. Parcel #15323 @ $595,000. On-Site Drop Box. 100% Non-Climate. On-Site Management shared. Built 2005. Current Site holds ample room for expansion. Additional 2 +/- Acres along Hwy 165 optional. 100 Martinez St - 163 Units. 15, 325 SF @ .827 +/- Acres. Parcels #64911/64912/64913/74701/74702 @ $360,000. Rental unit rate increase opportunity. Built 1977. 100% Non-Climate. On-Site Drop Box. Optional: 4.7 +/- Acres for development along Airport Ave just 1.3 miles from Monroe Regional Airport. (Warehouse/.138 +/- Acre parcel utilized for U-Box storage with purchase of storage units.) 2857 Magnolia Drive, Rayville - 90 Units. 13,400 SF @ 1.28 +/- Acres. Parcel #0300328202/Richland Parish @ $375,000. 70 Units: Non-Climate. 20 Units: Climate Controlled. On-Site Drop Box. Built 2009. Great site for business development. Steady commercial growth along I-20 Corridor - just 0.4 miles away.

    • General Features
      • Total Square Footage 98398
      • Subdivision OTHER
      • Lot Size 7.697+- acres
    • Building Features
      • Year Built 2008
      • Roof Metal, Gabled, Flat
      • Cooling Central Air, Electric
      • Gas Available
      • Heating Electric, Central

    Contact

    Linda Williams, CDPE, ABR

    Broker/Owner

    Licensed by the LA Real Estate Commission, USA

    RE/MAX Premier Realty

    Mobile Phone: 318-372-0315

    Neighborhood

    71201 (Monroe) Demographics

    41 Median Age
    1,624 Population Density (per sq. mile)
    49% College Educated
    $45,121 Estimated Median Income
    4,948 Estimated Total Home Owners
    4,061 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    21,079 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $0 Median Sales Price
    0 Homes Sold
    12 New On Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $6,825,000
        8/16/2019 5:43:00 PM New in Database Source

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