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Two-Unit Storefront Property
For Sale
$220,000

1500 E Tunnel Boulevard, Houma, LA 70363

Commercial Sale, Houma, LA

Property Size4,000 SF
Lot Size0.23 Acres
Price / SF$55
Days on Market229

Property Features for 1500 E Tunnel Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial- 3
Parking features On Street
Lot features Corner Lot
Directions Go through the tunnel to the East side of Houma. Building is located on the corner 2nd street on right side
Standard status Active
APN 23851
Size 4,000 SF
Lot size 0.23 Acres

Additional Details

Condition Needs Renovation

Taxes and HOA fees

Tax Description LOTS 1 & 2 BLOCK 5 ADDEN. #1 FAIRSITE SUBD. LESS PARCEL 4-1-D TUNNEL RIGHT OF WAY MAP SOLD TO STATE OF LA. CB 302/291. CB 1611/85
Tax Annual Amount 2100
Legal Description LOTS 1 & 2 BLOCK 5 ADDEN. #1 FAIRSITE SUBD. LESS PARCEL 4-1-D TUNNEL RIGHT OF WAY MAP SOLD TO STATE OF LA. CB 302/291. CB 1611/85

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 1
Flooring type Concrete, Tile - Ceramic
Building materials Brick, Metal Siding
Roof type Metal, Rubber
Listing Agency: Good Earth Realty, Inc. · RE/MAX International
Listed By: Cynthia Pellegrin · License #17927
Added: Mar 9 Changed: Oct 23 Last Checked: Oct 23 at 10:06PM
MLS# 2026004219

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

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Investment Insights

Based on property information with market context.

The 4,000-square-foot storefront property contains two units, each approximately 2,000 square feet. Built in 1980, the building has brick and metal siding, concrete and ceramic tile flooring, central heating and air conditioning, and a rubber and metal roof. Some storm-related damage remains, with most needed repairs concentrated on one side. The property is offered in as-is condition.

On 0.23 acres at 1500 E Tunnel Boulevard in Houma, the site is along a corridor connecting the city’s east and west sides. Commercial-3 zoning is in place. Public water and sewer serve the property, and parking is on street.

Key Highlights

  • Two storefront units, each 2,000+/- SF; total building area is 4,000 square feet
  • 0.23‑acre site at 1500 E Tunnel Boulevard, Houma, LA 70363
  • Commercial- 3 zoning

Property Analytics

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Current Use

Insurance Wise Consultants ... Insurance Agency Easy Money EMG Loan Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Gym & Fitness Center

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

559
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70363, LA

25,319
Population
10,449
Households
2.4
Avg Household Size
36
Median Age
8%
College-Educated
75%
High-School Grad
78.4 sq mi
ZIP Area
323
Density / Sq Mi
$44,828
Median Household Income
$33,176
Median Earnings
$1,054
Median Rent
$143,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Just For You Flower & Gift Shoppe, Inc. — 8858 Park Ave, Houma, LA 70363

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial-3 zoning supports a range of business uses, subject to verification of applicable requirements.
Where is this storefront property located?
The property is located at 1500 E Tunnel Boulevard Houma, LA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two storefront units, each 2,000+/- SF; total building area is 4,000 square feet; 0.23‑acre site at 1500 E Tunnel Boulevard, Houma, LA 70363; Commercial- 3 zoning
More about this property
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