Online Auction – High Visibility Former Restaurant

Auction starts 10/11/2022 @ 4:00 PM EST
Auction Type: online

Description

Online Auction – High Visibility Former Restaurant
Freestanding 3,075 SF Former Restaurant in Monroe, LA. Great visibility and high traffic count. 
The building is adjacent to a Motel 6 and a Red Roof Inn.
 
3,075 SF Built in 1985
Land Area Gross: 0.754 AC’s or 32,844.24 SF +|- of land
Located in Opportunity Zone
Adjacent to Motel 6 & Red Roof Inn
Traffic Count: 41,891 Cars per Day along MLK Jr. Dr.
Flood Hazard: X500 or B Zone, Panel 22073C0165F
Approx. 138.58’ +|- Road Frontage on MLK Jr. Dr.
Approx. 286.60’ +|- Road Frontage on Harvester Dr.
Zoning: B-3, General Business/Commercial District
Topography: Generally, Level and at Street Grade
Utilities:
Electricity: On Site
Water/Sewer: City
Access: (2) Ingress/Egress Points
Parking: Concrete, 56 Spaces
Immediate proximity to I-20 & Hwy 165
Market Area: Monroe is the largest city in Northeast Louisiana and home to the University of Louisiana Monroe.

Property Address: 1001 Martin Luther King Jr. Drive, Monroe, LA 71203
Online bidding ends October 11th at 2:00 PM CT
Inspection: Tuesday, October 4th at 11:00 AM CT
 
Tranzon Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, LA Auctioneer #LA-2117
10% Buyer's Premium and other terms apply.
Please contact Kelly Toney, CAI, 713-816-1123 or ktoney@tranzon.com
 

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