Storefront Property with Income Rental
New
For Sale
$369,000
186 Enterprise Dr, Houma, LA 70360
COMMERCIAL - Houma, LA
Property Size2,029 SF
Lot Size0.49 Acres
Price / SF$181.86
Days on Market2
Property Features for 186 Enterprise Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
20
Parking features
Parking Lot
Exterior features
Door Sign, Pole Sign
Subdivision
Enterprise Commercial Place
Standard status
Active
Size
2,029 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Description
LOT 14 BLOCK 2 ENTERPRISECOMMERCIAL PLACE. CB 1745/374
Legal Description
LOT 14 BLOCK 2 ENTERPRISECOMMERCIAL PLACE. CB 1745/374
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Building materials
Frame
Roof type
Composition
Listing Agency:
Canal & Main Realty
(985) 868-5230
Listed By:
Shantelle Abshire · License #995699245
(985) 852-1137
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 1 at 8:06PM
MLS# 2026014097
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.
Storefront property on a 0.49-acre lot with a 2029 SF building and a layout that includes both an income-producing rental unit and a multipurpose office space. The property is currently operating as a salon and is move-in ready, with the interior configuration also supporting office or retail use.
The site is positioned on Enterprise Drive with 100 feet of road frontage and 113 feet of depth, providing room for a parking lot and expansion. The property sits at a connection between MLK Boulevard and West Park corridors, with traffic counts up to fifteen thousand vehicles a day and additional on-site visibility through exterior door and pole signage.
Built with frame construction and served by public water and public sewer, the building features central heating and central air, with a composition roof. Room-level details include two bathrooms, supporting day-to-day customer or client use.
The site is positioned on Enterprise Drive with 100 feet of road frontage and 113 feet of depth, providing room for a parking lot and expansion. The property sits at a connection between MLK Boulevard and West Park corridors, with traffic counts up to fifteen thousand vehicles a day and additional on-site visibility through exterior door and pole signage.
Built with frame construction and served by public water and public sewer, the building features central heating and central air, with a composition roof. Room-level details include two bathrooms, supporting day-to-day customer or client use.
Key Highlights
- 100 feet of road frontage and 113 feet of depth
- Traffic counts up to fifteen thousand vehicles a day
- 0.49‑acre lot with a 2029 SF building
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.8k | $27.00 |
| − Vacancy | −$12.4k | −$6.10 |
| EGI | $42.4k | $20.90 |
| − OpEx | −$10.6k | −$5.22 |
| NOI | $31.8k | $15.67 |
2,029 SF · lease $27.00/SF/yr · vacancy 22.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$454.3K
$397.5K – $530.0K
NOI $31,802 @ 7.0% cap · market cap 8.62%
Second Best
Retail
$279.0K
$244.2K – $325.5K
NOI $19,532 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$559.3K
$489.4K – $652.5K
NOI $39,152 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
853
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Michelle's Creative Designs — 226 Enterprise Dr, Houma, LA 70360
- Blooming Orchid Florist — 6616 W Park Ave, Houma, LA 70364
- Butterflies-N-Flowers Florist — 226 Enterprise Dr #2495, Houma, LA 70360
Frequently Asked Questions
What type of property is this?
Storefront property - Half-acre storefront on public utilities with central heating and central air, plus an income rental unit and flexible office space.
Where is this storefront property located?
The property is located at 186 Enterprise Dr Houma, LA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 100 feet of road frontage and 113 feet of depth; Traffic counts up to fifteen thousand vehicles a day; 0.49‑acre lot with a 2029 SF building
