2.9 acres Walnut St. Riparian Water Rights

Vacant Land for Sale
Catylist Listing ID: 30163894
Property Subtypes: Multi-Family, Office, Retail, Other
Gross Land Area: 2.90 Acres
Sale Price: $1,150,000
Unit Price: $396,551 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/17/2018

Overview / Comments

Property is next door to the Warehouse #1 Restaurant and their parking lot on Walnut St. Property (with riparian water rights) continues beyond the seawall of the Ouachita River. Very close to the new development in the downtown area, which includes condos, apartments, and restaurants. Great location, zoned Central Business District. The property is approximately 2.9 acres total with approx. 1.5 acres on the Walnut Street side of the seawall and the balance of the acreage on the river side of the seawall. Potential for "many uses" due to the expanding new development in our downtown area on the River. Call for more info.

Additional Details

Nearest MSA: Monroe
County: Ouachita
Property Located Between: Walnut St.
Property Visibility: Excellent
Largest Nearby Street: Louisville Ave. or Interstate 20
Airports: MLU - 2 miles away
Site Description: Vacant land next to Warehouse #1 Restaurant and the Children's Museum
Area Description: Businesses, restaurants, condos
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,454 59,026 95,721
Median Age: 35.34 34.81 33.83
Households: 2,834 23,850 37,436


Photograph of Listing Agent

Bill E Roark

Tri State Properties, LLC Monroe, LA 71201
Not a member of MCAR CIE
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