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Two-Building Office Property
For Sale
$375,000

502 Roussell Street, Houma, LA 70360

Commercial Sale, Houma, LA

Property Size2,326 SF
Lot Size0.16 Acres
Price / SF$161.22
Days on Market80

Property Features for 502 Roussell Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking 10
Parking features On Street, Parking Lot
Exterior features Storage, Pole Sign
Subdivision Roussell Street
Lot features Corner Lot, Corner Lot
Standard status Active
Size 2,326 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description see legal title
Legal Description see legal title

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

real hardwood floors
built-in bookshelves
deep closets
reception and lobby area
kitchenette
ceramic tile floors

Building Details

Floors in Building 1
Flooring type Wood, Tile, Tile - Ceramic
Additional Structures Storage
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Michelle Parsons · License #18238
Added: Jun 26 Changed: Sep 12 Last Checked: Sep 13 at 2:06PM
MLS# 2026011872

Copyright © 2026 Bayou Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,326-square-foot office property includes two buildings on a 0.16-acre corner lot. The primary building contains five offices, a reception and lobby area, hardwood flooring, built-in shelving, deep closets, and a kitchenette. The second building adds two offices, a kitchenette, a bathroom, and ceramic tile flooring. Central air, central heating, ceiling fans, public water, public sewer, and natural gas availability are included among the property features. Exterior improvements include storage and a pole sign.

The property is located at 502 Roussell Street in Houma, near the Houma Courthouse and within minutes of a hospital, shopping, restaurants, downtown festivals, and the downtown plaza. It is in Flood Zone X, which the source indicates does not require flood insurance. Parking is provided through a lot and on-street spaces, with shade from Louisiana magnolia trees.

Key Highlights

  • 2,326‑square‑foot office property on 0.16 acres
  • Two buildings with 7 total offices, reception space, and 2 kitchenettes
  • Primary building features real hardwood floors and built‑in bookshelves

Property Analytics

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Current Use

Alexander M Crighton ... Law Firm Douglas H Greenburg ... Law Firm Brown Paul E Law Firm

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store Travel Agency Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Office units

Location Intelligence

Trade Area within ½ mile

1,499
Businesses Nearby

Demographics for 70360, LA

28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two office buildings provide private work areas, reception space, kitchenettes, storage, and on-site parking.
Where is this office building located?
The property is located at 502 Roussell Street Houma, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,326‑square‑foot office property on 0.16 acres; Two buildings with 7 total offices, reception space, and 2 kitchenettes; Primary building features real hardwood floors and built‑in bookshelves
More about this property
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