Historic Downtown Office
For Sale
$575,000
300 E Bridge St, Breaux Bridge, LA 70517
Flexible office layout with private offices, open work areas, conference room, and an elevator built for heavy equipment.
Property Size2,630 SF
Price / SF$218.63
Days on Market355
Property Features for 300 E Bridge St
General Information
Standard status
Active
Size
2,630 SF
Additional Details
Office Units
3
Listing Agency:
The Gleason Group
(337) 278-2048
Listed By:
Caitlyn Williams · License #0995680237
(337) 278-2048
Source:
Exprealty
Added: Sep 3, 2025
Changed: Aug 21
Last Checked: Aug 22 at 10:08AM
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 The Gleason Group
Investment Insights
Based on property information with market context.
This distinctive office building offers a character-rich interior with exquisite woodwork, unique windows, and original ceilings that reflect historic craftsmanship. The space includes three private offices, multiple open work areas, and a large conference room designed for group meetings and client presentations. A practical advantage of the building is an elevator engineered for heavy equipment, supporting day-to-day operational needs.
Located in the heart of downtown Breaux Bridge at 300 E Bridge Street, the property is positioned for businesses that want to be part of the area’s established downtown environment. The offering is centered on the combination of functional office space and the architectural details that stand out in today’s construction.
The layout is well-suited for professional users who need a mix of private workspaces and collaborative areas, along with a dedicated conference room. The presence of an elevator designed for heavy equipment can also be a meaningful fit for tenants whose operations require moving or servicing substantial items. Overall, the building balances historic aesthetics with practical features for a range of office-based businesses.
Located in the heart of downtown Breaux Bridge at 300 E Bridge Street, the property is positioned for businesses that want to be part of the area’s established downtown environment. The offering is centered on the combination of functional office space and the architectural details that stand out in today’s construction.
The layout is well-suited for professional users who need a mix of private workspaces and collaborative areas, along with a dedicated conference room. The presence of an elevator designed for heavy equipment can also be a meaningful fit for tenants whose operations require moving or servicing substantial items. Overall, the building balances historic aesthetics with practical features for a range of office-based businesses.
Key Highlights
- Downtown Breaux Bridge office space at 300 E Bridge Street with historic woodwork, unique windows, and original ceilings
- Flexible interior layout includes three private offices, multiple open work areas, and a large conference room
- Elevator designed for heavy equipment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,179
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$603,580
$603.6K
Cap Rate 7%
$431,129
$431.1K
Cap Rate 9%
$335,322
$335.3K
Market Conditions
NOI Build-Up for 2,630 SF
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.
Gross rent
$47.3K $18.00/SF
− Vacancy
−$7.1K −$2.70/SF
EGI
$40.2K $15.30/SF
− OpEx
−$10.1K −$3.82/SF
NOI
$30.2K $11.48/SF
Area
St. Martin County, LA
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$603,580
Cap Rate 7%
$431,129
Cap Rate 9%
$335,322
Alternative Uses
Best Use
Office B
$431.1K
$377.2K – $503.0K
NOI $30,179 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$577.5K
$505.4K – $673.8K
NOI $40,428 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 70517, LA
26,434
Population
11,884
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
81%
High-School Grad
168.7 sq mi
ZIP Area
157
Density / Sq Mi
$58,342
Median Household Income
$40,119
Median Earnings
$938
Median Rent
$151,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office layout with private offices, open work areas, conference room, and an elevator built for heavy equipment.
Where is this office building located?
The property is located at 300 E Bridge St Breaux Bridge, LA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Downtown Breaux Bridge office space at 300 E Bridge Street with historic woodwork, unique windows, and original ceilings; Flexible interior layout includes three private offices, multiple open work areas, and a large conference room; Elevator designed for heavy equipment
