Office Building with Main Street
For Sale
$196,500
223 S Main Street, Opelousas, LA 70570
Commercial Sale, Opelousas, LA
Property Size2,100 SF
Price / SF$93.57
Days on Market1649
Property Features for 223 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
2
Directions
Take I-49N to Opelousas, Take the US-190 exit. Take a left to go under the overpass. Go down to take a left on Main st.
Subdivision
L2
Standard status
Active
APN
0100943500
Size
2,100 SF
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Description
1 LOT (30X80) IN BLK 15 ORIGINAL TOWN OF OPELOUSAS N ALLEY HAAS HIRSC
Tax Annual Amount
670
Legal Description
1 LOT (30X80) IN BLK 15 ORIGINAL TOWN OF OPELOUSAS N ALLEY HAAS HIRSC
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Building materials
Brick, Concrete
Listing Agency:
Dwight Andrus Real Estate Agency, LLC
(337) 534-0900
Listed By:
Claire Disch Schexnayder · License #99563787
(337) 296-1540
Added: Apr 21, 2022
Changed: Oct 23
Last Checked: Oct 25 at 4:06AM
MLS# 22003629
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,100-square-foot office building has a reception area with a window, three smaller private offices, two larger offices, and a conference room. The layout also includes a kitchen and break area with appliances that remain, two storage rooms, one full bathroom with a recently installed stand-up shower, and a half bath. A new water heater is among the building improvements. Construction is brick and concrete, with central heating and air conditioning.
The property fronts Main Street in Opelousas, across from the St. Landry Bank Building and within walking distance of the courthouse. It is in an Opportunity Zone and has Commercial zoning. Public water and sewer serve the property, and natural gas is available.
The property fronts Main Street in Opelousas, across from the St. Landry Bank Building and within walking distance of the courthouse. It is in an Opportunity Zone and has Commercial zoning. Public water and sewer serve the property, and natural gas is available.
Key Highlights
- 2,100‑square‑foot office building with Main Street frontage
- Reception area, three smaller offices, two larger offices, and a conference room
- Kitchen appliances remain; two storage rooms provide additional interior space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,065
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,300
$321.3K
Cap Rate 7%
$229,500
$229.5K
Cap Rate 9%
$178,500
$178.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$25.2K $12.00/SF
− Vacancy
−$3.8K −$1.80/SF
EGI
$21.4K $10.20/SF
− OpEx
−$5.4K −$2.55/SF
NOI
$16.1K $7.65/SF
Area
St. Landry County, LA
Vacancy
15.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,300
Cap Rate 7%
$229,500
Cap Rate 9%
$178,500
Alternative Uses
Best Use
Office B
$229.5K
$200.8K – $267.8K
NOI $16,065 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.8K
$277.2K – $369.6K
NOI $22,176 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
Explore this area
Business Placement
Demographics for 70570, LA
38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The interior combines private offices with a conference room, reception area, kitchen, and dedicated storage.
Where is this office building located?
The property is located at 223 S Main Street Opelousas, LA.
What is the asking price?
The asking price for this property is $196,500.
What are key features of this property?
This property features: 2,100‑square‑foot office building with Main Street frontage; Reception area, three smaller offices, two larger offices, and a conference room; Kitchen appliances remain; two storage rooms provide additional interior space
