161 Richland Place – Renovated Office/Flex Facility

161 Richland Place, Monroe, LA 71203

Property Information

  • For Sale $1,160,000
  • Property Type Office - General Office
  • Property Size 8,304 SF
  • Lot Size 1.23 Acre
  • Building Class A
  • Year Renovated 2024
  • Date Updated Nov 2, 2026

Description

161 Richland Place is located in Sterlington, Louisiana, just off US Highway 165, one of the principal north-south transportation corridors connecting Sterlington with Monroe and the surrounding Northeast Louisiana market. The property benefits from convenient access to Highway 165 while maintaining a professional commercial setting. Nearby commercial and community uses include banking, professional offices, mini-storage, neighborhood retail and medical services. The surrounding Sterlington area has experienced continued residential and commercial development along the Monroe-to-Sterlington corridor. Nearby demand drivers include Sterlington High School, Sterlington Elementary School, Frenchman's Bend residential community and golf course, Thatcher Pointe, medical services and other commercial development. The combination of growing residential development, convenient Highway 165 access and an expanding commercial base makes the property well positioned for a company seeking a headquarters or regional office in the Sterlington market.Turnkey Office Headquarters with Flex, Service and Operational Capabilities 161 Richland Place offers approximately 8,283 SF of extensively renovated office space on 1.23± acres in the growing Sterlington market just off US Highway 165. Originally constructed for retail use, the property was substantially renovated and converted into a modern office facility following its 2024 acquisition. There have been over $1 million invested in renovations, resulting in an effective building age significantly newer than its original construction date. The building consist of a One executive office with restroom, 9 private offices, 36 cubicles, reception area, conference room, breakroom, and kitchen. The property combines polished office space with features that are difficult to find in a conventional office building. In addition to the renovated interior, the site includes two overhead doors, two truck wells, covered loading/service areas, paved parking and approximately 280 linear feet of chain-link fencing, creating an opportunity for businesses that need office, administrative and operational functions at one location. This combination makes the property particularly attractive for a corporate headquarters, regional office, telecommunications or technology company, engineering firm, utility or infrastructure company, contractor, service business, medical or professional office, training center, government operation, or other owner-user requiring both quality office space and functional support areas. The approximately 1.23-acre site provides 160± feet of frontage along Richland Place and convenient access to nearby US Highway 165. Commercial zoning allows for a broad range of potential commercial uses, subject to applicable regulations and approvals. For an owner-user seeking a move-in-ready headquarters facility, 161 Richland Place offers the opportunity to acquire a substantially renovated property without undertaking the cost, time and uncertainty associated with a major office buildout.

Highlights

  • Ability to accommodate office, training, administrative and service functions under one roof
  • Approximately $1 million in reported renovations
  • Combination of executive-quality office and operational functionality
  • Convenient access to US Highway 165
  • Executive Office with restroom; 9 private offices; 36 Cubicles
  • Extensively renovated and converted to office use
  • Loading capability uncommon among traditional office properties
  • Overhead doors
  • Potential office/flex or office/service-business configuration
  • Replacement-cost advantage compared with building a similar facility from the ground up
  • Secure/fenced portions of the site
  • Strong owner-user / corporate headquarters opportunity
  • Substantially renovated facility minimizes near-term buildout requirements
  • Tractor trailer well; Box truck well

Contacts

Location

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