Downtown Jena Commercial
2706 E Oak Street Jena, LA 71342
2706 E Oak Street, Jena, LA, 71342
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For Sale
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Prime commercial spot with high visibility and room to grow.
Property Size1,440 SF
Lot Size0.50 Acres
Price / SF$159.72
Days on Market156
Property Features for 2706 E Oak Street
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.50 Acres
- Property subtype
- Special Purpose
Listing Agency
CENTURY 21 Buelow-Miller Realty
Listed by
Dana Chapman · License #LA
Source
Crexi
Added: Feb 11 Checked: Jul 17 at 5:27 am
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 CENTURY 21 Buelow-Miller Realty
Investment Insights
Based on property information with market context.
This property is located in downtown Jena and offers a commercial opportunity with high visibility. The approximately 0.5-acre lot includes a 1,440 sq ft building featuring six rooms, a utility room, and a full bath. The building is suitable for a medical or professional office, daycare, retail shop, restaurant, or mixed-use space. It features a full-length front porch. The property has dual access from East Oak and Elm Street and extra acreage for expansion. It is surrounded by established businesses and is within walking distance of McDonald’s, Sonic, Subway, AutoZone, local boutiques, eateries, and Airbnb's.
Key Highlights
- Prime downtown location with high visibility.
- Versatile 1,440 sq ft building suitable for various commercial uses.
- Large ½‑acre lot with room for expansion.
Local Financial Insights For Retail
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 | $20.7k | $14.40 |
| − Vacancy | −$2.1k | −$1.44 |
| EGI | $18.7k | $12.96 |
| − OpEx | −$5.6k | −$3.89 |
| NOI | $13.1k | $9.07 |
1,440 SF · lease $14.40/SF/yr · vacancy 10.00% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Prime commercial spot with high visibility and room to grow.
Where is this storefront property 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: Prime downtown location with high visibility.; Versatile 1,440 sq ft building suitable for various commercial uses.; Large ½‑acre lot with room for expansion.
