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Renovated Corner Shopping Center
For Sale
$3,995,000

5801 W Park Ave, Houma, LA 70364

Two-story retail center with refreshed finishes, updated building systems, and prominent positioning at a major intersection.

Property Size58,947 SF
Price / SF$67.77
Days on Market516

Property Features for 5801 W Park Ave

General Information

Standard status Active
Size 58,947 SF
Property subtype Retail

Additional Details

Corner Location Yes

Amenities

Power
Water
Sewer
Drive-Thru

Building Details

Year Renovated 2021
Listing Agency: Beau Box Commercial Real Estate New Orleans
Listed By: Jordan Johnson · License #995683431
Source: Lacdb.resimplifi
Added: Apr 4, 2025 Changed: Aug 30 Last Checked: Aug 31 at 1:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beau Box Commercial Real Estate New Orleans

Investment Insights

Based on property information with market context.

This 58,947-square-foot shopping center includes a two-story retail building and an anchor suite. A comprehensive 2021 renovation updated the interior floors, walls, and lighting, along with exterior siding and soffits. The anchor suite roof and the roof serving the two-story retail building were also replaced that year. HVAC serving the anchor suite was replaced in 2024.

The property occupies the intersection of W Park Ave. and MLK, Jr. Blvd. in Houma, with Sam's, Rouses, Walgreens, and Dillard's identified among the retailers at the intersection. The surrounding retail mix provides established commercial context for the center.

Key Highlights

  • 58,947 SF shopping center with a two‑story retail building and anchor suite
  • 2021 renovation refreshed interior floors, walls, lighting, siding, and soffits
  • Anchor suite roof and two‑story retail building roof replaced in 2021

Property Analytics

Current Use

OneMain Financial Loan Service Check Cashers Inc Check Cashing Furniture Mart Furniture & Home Goods C & M Music ... (Bike/Boat/Book/etc) Store CoinFlip Bitcoin ATM Atm

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Gym & Fitness Center Parking Lot & Garage Barber Shop

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

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70364, LA

29,559
Population
12,423
Households
2.4
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
42.2 sq mi
ZIP Area
700
Density / Sq Mi
$68,909
Median Household Income
$36,164
Median Earnings
$1,004
Median Rent
$195,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Two-story retail center with refreshed finishes, updated building systems, and prominent positioning at a major intersection.
Where is this shopping center located?
The property is located at 5801 W Park Ave Houma, LA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 58,947 SF shopping center with a two‑story retail building and anchor suite; 2021 renovation refreshed interior floors, walls, lighting, siding, and soffits; Anchor suite roof and two‑story retail building roof replaced in 2021
More about this property
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