REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Tyler Kitchens • Covenant One Realty
$ 1,325,000
Est. payment | /mo
1 Acres Lot
$ 1,325,000
Est. payment | /mo
1 Acres Lot
Key Details
Property Type Multi-Family, Commercial
Sub Type Multiple Uses
Listing Status Active
Purchase Type For Sale
Subdivision None/Metes And Bounds
MLS Listing ID 219361
Year Built 2019
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Multiple Uses
Property Description
Positioned on Highway 165 in Sterlington—just north of Monroe—this turnkey commercial investment delivers upside, diversity, and immediate cash flow withan 8% cap rate in a market showing sustained development momentum. The building is configured as four equal 1,250 SF units (5,000 SF total) with a mix of built-out medical, professional office, and retail-ready space, making it attractive to both stabilized income seekers and value-add investors. Sterlington has become a rising node in the region's commercial real estate landscape, anchored by new mixed-use growth and increasing population\employment spillover from Monroe. Strong Yield: 8.0% cap rate—above local average office cap rates in Sterlington, signaling premium return relative to recent deals.Built-In Medical Demand: Two units (Spaces 2 & 3) fully built out for medical use, tapping into a scarce specialized-use niche in the region. Flexible Income Mix: Office\breakroom\bathroom in Space 1, medical-ready in 2 & 3, and retail in Space 4—diversified tenant profile reduces vacancy risk. Visibility & Access: Highway 165 frontage provides strong daily exposure to local and commuter traffic feeding into Monroe's broader commercial catchment. Schedule to see this property today!!!
Location
State LA
County Ouachita
Direction From Monroe head towards Sterlington - building on right.
Interior
Interior Features Storage, Private Bathrooms
Heating Electric, Central
Cooling Central Air, Electric
Flooring Concrete, Other
Exterior
Exterior Feature Landscaping
Utilities Available Natural Gas Available, Cable Connected, Electricity Connected, Internet Connection
Roof Type Metal,Minimum Pitched
Building
Lot Description Strip Center
Sewer Public Sewer
Water Public