1201 Louisville Avenue, Monroe

$7,600,000
  • Remarks: The original automotive dealership building was constructed by James Rivers in approximately the 1960’s for the use as River’s Ford. The property later transferred ownership to the Hixson family who acquired additional property and made various improvements and additions over the past 30+ years. In addition to the remodeling of the new car sales building (1991), the current owners constructed a pre-owned car lot building on the west side of the primary building and constructed a new body shop building on a rear lot facing Hudson Lane. The most recent improvements: (2015) New Roof; (2016) fill-in of a large drainage ditch that ran between the new car dealership and the used car lot and adding additional concrete parking and drives, renovation of the interior showroom, front sales offices and restrooms. Other Improvements: Remodeling and renovation of the existing primary new car building which was converted from the former Ford and BMW sales to only a BMW sales service and parts department. The total area that was affected by the remodel was 26,536 +/- SF of which 14,169 +/- SF is finished office and showroom space; 7,569 +/- SF is in a finished service department which includes ceramic tile and HVAC and 4,798 +/- SF is a remodeled parts department. Current Use/Tenant: Auto Elite Collision Center of NELA – a professional collision and cosmetic repair body shop. Formerly Hixson Autoplex Body Shop. Established in 2016. Gross Land Area: 12.5 +/- Acres. Gross Building Area: 70668 SF. Owner will subdivide. Restrictions for showings. Please call assigned listing agents for more information.

Property Details

  • MLS #: 193401
  • Price: $7,600,000
  • Sale/Rent: For Sale
  • Price Per SQFT: 108
  • Acres: 12
  • Parish: OUACHITA
  • Area: 113 North Monroe
  • Building Name: Hixson Automotive
  • DOM: 168
  • Price Per Acre: 609952
  • Property Type: Other
  • State: LA
  • Zip: 71201

Interior Features

  • Interior Features: Extra Storage,Private Bathrooms,Security System,Showroom,Telephone System
  • Office SQFT: 18234
  • Useable SQFT: 70668
  • Max Door Height: 14′
  • Number of Restrooms: 12
  • Overhead Doors: Yes

Exterior Features

  • Exterior Features: Fuel Pumps,Gutters,Landscaping,Lighting/Security,Loading Docks,See Remarks
  • Total SQFT: 70668
  • Construction: Brick Veneer,Metal,Stucco
  • Class: COMMERCIAL/INDUSTRIAL
  • Docks: 1
  • Electric: Available
  • Eave Height: 18′
  • Lot Size: 542,888 SF
  • Parking: 50
  • Subdivision: OTHER
  • Warehouse SQFT: 52434

Financial Information

  • Electric Paid By: Owner
  • Utilities: 3
  • Zoning: B-3

This Listing is Courtesy of: John Rea Realty.
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