Retail Space with Front
For Sale
$230,000
2706 E OAK Street, Jena, LA 71342
Commercial Sale, Jena, LA
Property Size1,440 SF
Lot Size0.53 Acres
Price / SF$159.72
Days on Market310
Property Features for 2706 E OAK Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Parking features
Off Street
Lot features
Irregular Lot
Standard status
Active
APN
112239 / 107788
Lot size
0.53 Acres
Taxes and HOA fees
Tax Description
URBAN: PARCEL SITUATED IN ISAIAH SLAYTER RIQ. 37, T8N, R3E
Legal Description
URBAN: PARCEL SITUATED IN ISAIAH SLAYTER RIQ. 37, T8N, R3E
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Amenities
six rooms
utility area
full bathroom
full-length front porch
Building Details
Year built
1960
Buildings
1
Listing Agency:
CENTURY 21 BUELOW-MILLER REALTY · Century 21 Real Estate
(318) 442-1381
Listed By:
DANA CHAPMAN · License #995701177
(318) 992-3026
Added: Dec 18, 2025
Changed: Oct 23
Last Checked: Oct 24 at 7:06AM
MLS# 2534843
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.
This retail property contains a 1,440-square-foot building arranged into six rooms, with a separate utility area and a full bathroom. A full-length porch runs along the front. The 0.528-acre parcel also includes additional land and dual access. The building dates to 1960, and the property is zoned Comm.
The site is within walking distance of downtown Jena shops, restaurants, and everyday amenities. Public water and sewer serve the property, and natural gas is available. Off-street parking is listed among the property features.
The site is within walking distance of downtown Jena shops, restaurants, and everyday amenities. Public water and sewer serve the property, and natural gas is available. Off-street parking is listed among the property features.
Key Highlights
- 1,440‑square‑foot building with six rooms
- 0.528‑acre parcel with additional lot space and dual access
- Full‑length front porch, utility area, and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,064
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,280
$261.3K
Cap Rate 7%
$186,629
$186.6K
Cap Rate 9%
$145,156
$145.2K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$20.7K $14.40/SF
− Vacancy
−$2.1K −$1.44/SF
EGI
$18.7K $12.96/SF
− OpEx
−$5.6K −$3.89/SF
NOI
$13.1K $9.07/SF
Area
LaSalle, IL
La Salle County, LA
Vacancy
10.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,280
Cap Rate 7%
$186,629
Cap Rate 9%
$145,156
Alternative Uses
Best Use
Retail
$186.6K
$163.3K – $217.7K
NOI $13,064 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$360.4K
$315.4K – $420.5K
NOI $25,229 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
79k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 30%
Home Improvements & Furnishings 24%
Electronics 1%
McDonald's
Dining
12,943 visits/mo
0.1 miles
SONIC Drive In
Dining
10,290 visits/mo
0.2 miles
Dollar General
Shops & Services
8,186 visits/mo
0.1 miles
Family Hardware Inc
Home Improvements & Furnishings
8,159 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
7,845 visits/mo
0.2 miles
Demographics for 71342, LA
8,100
Population
3,556
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
83%
High-School Grad
159.1 sq mi
ZIP Area
51
Density / Sq Mi
$80,556
Median Household Income
$49,028
Median Earnings
$533
Median Rent
$154,000
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
Frequently Asked Questions
What type of property is this?
Retail space - Six rooms, a utility area, and a full bathroom provide a defined layout for commercial occupancy.
Where is this retail space located?
The property is located at 2706 E OAK Street Jena, LA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,440‑square‑foot building with six rooms; 0.528‑acre parcel with additional lot space and dual access; Full‑length front porch, utility area, and full bathroom
