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Mixed-Use Land for Sale in Monroe, Louisiana

1411 Sherrouse Ave, Monroe, LA 71203

$1,095,000
1.72 acres
Active sale
Est $5,760/mo

Strategic opportunity to reposition and redevelop a ±15,459 SF institutional facility on ±1.72 acres with flexible R-4 (Residential/Multi-Family) zoning. Formerly a nursing home and later converted to a charter school, the property features a functional layout including multiple classrooms, offices, administrative areas, a full-service commercial kitchen, and common areas. The site is designed with a loop drive and dedicated drop-off area, making it well-suited for uses such as daycare, charter or alternative education, church/ministry, behavioral health services, or community outreach programs. Amenities include a fenced yard, modular building, and additional land area allowing for future expansion. The original construction included 19 resident rooms capable of housing up to 38 occupants, along with 19 private restrooms and 2 public restrooms. The current configuration includes 2 public restrooms and 2 multi-stall restrooms (women: 6 stalls; men: 3 urinals/3 stalls). Original plumbing infrastructure remains in place and could be reactivated with renovation, offering added flexibility for future use. The property is being offered as-is, where-is and reflecting deferred maintenance and repositioning opportunity. Conveniently located approximately 1.5 miles from Monroe Regional Airport with access to major thoroughfares. Opportunities with this size, layout, and redevelopment potential are limited - call today to schedule your own private tour!

Sq feet
2006
Built

Location

Street address
1411 Sherrouse Ave
Zip code
71203
Community
Monroe & OP-East/ Hwy 165 to
Elevation
74 feet

Directions

Take I-20 to Garrett Road exit. Travel North on Garrett Road to left on Millhaven Road. Turn right at red light behind Target and go over RR tracks. Take 1st right which will become Sherrouse Street. Go thru stop sign and building is on right.

Property details

Acreage
1.72 acres74,923 sq ft
Zoning
R-4
MLS #
NELBOR 218562
Posted

Parcels

  • 123649

Details and features

Listing

Type
Commercial Sale

Exterior

Features
Gutters, Landscaping, Lighting/Security

Structure

Heating
Electric
Cooling
Multi Units
Materials
Brick, Brick Veneer
Roof
Composition

Interior

Rooms
Dining Room, Kitchen, Office
Flooring
Carpet, Tile
Security
Security Lighting, Security System
Features
Private Bathrooms, Security System-Wired

Listing history

DateEventPriceChangeSource
June 10, 2026New listing$1,095,000NELBOR
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This 1.72-acre property is located at 1411 Sherrouse Ave in Monroe, LA 71203. The property is available for sale for $1,095,000. It has a structure built in 2006.

Listed by John Rea Realty, (318) 388-0941

Checked 1 hour agoUpdated Source

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