Note: Online bidding will close on Tuesday, May 12 at 1:00pm ET (12:00pm CT)
Positioned at one of the most strategically valuable restaurant sites in Northeast Louisiana, 224 Blanchard Street presents a rare opportunity to acquire a purpose-built, freestanding restaurant building with direct Interstate 20 frontage and unmatched visibility in West Monroe's dominant retail corridor. Built in 2011 and formerly operated as a Cheddar's Scratch Kitchen, this property offers approximately +/-8,268 square feet of finished restaurant space on +/-1.7 acres - complete with remaining owned furniture, fixtures, and equipment included in the sale.
The building was constructed for high-volume casual dining operations and reflects the full-service infrastructure that demands: an open floor plan with ample natural light, commercial kitchen with freezer capacity, a full-service bar build-out, and 138 parking spaces. Tall pylon signage with direct I-20 visibility provides marketing exposure that very few freestanding properties in the market can match.
Whether the buyer is a restaurant operator ready to re-concept a proven location or a developer/investor targeting this large, high-traffic, easy-access site and trade area, 224 Blanchard Street is the property for you.
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Traffic Counts:
I-20: 73,420 VPD
Thomas Rd: 28,385 VPD
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+/-8,268 SF freestanding restaurant building, built 2011
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+/-1.7-acre site with 138 dedicated parking spaces
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Remaining owned FF&E conveys
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Direct I-20 frontage with tall pylon signage and exceptional highway visibility
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Proven high-volume restaurant location with established consumer traffic patterns
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138 parking spaces
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Zoning: B-3 General Business District
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Free and clear title with no back taxes makes this a clean and compelling investment opportunity.
The immediate trade area offers a Walmart Supercenter and supported by Academy Sports + Outdoors, Hobby Lobby, Big Lots, Harbor Freight Tools, Office Depot, Dollar Tree, Walgreens, and CVS Pharmacy - generating consistent daily consumer traffic from across the region.
Area entertainment and dining options include Cinemark Tinseltown and is surrounded by national restaurant brands including Walk-On's Sports Bistreaux, Buffalo Wild Wings, Texas Roadhouse, Cracker Barrel, Chili's, Outback Steakhouse, and Logan's Roadhouse - confirming this corridor as West Monroe's established dine-out destination.
More than a dozen branded hotels operate within the immediate area, including Hampton Inn, Hilton Garden Inn, Home2 Suites by Hilton, La Quinta, Holiday Inn Express, Wingate, Woodspring Suites, and others - delivering a consistent base of business travelers and overnight guests to support restaurant and retail demand.
Interstate Access: Direct I-20 visibility and access connects this location to Monroe to the east and Shreveport/Dallas to the west, positioning the property squarely in the path of one of the region's most active commercial travel corridors.
Parcel ID#: 106943
Ouachita Parish Total Value: $1,049,743
2025 Annual Taxes: $11,958.93
Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.
Tranzon Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, LA Auctioneer #LA-2117 & Broker 76381-ACT