Historic Office
For Sale
$575,000
Pending
300 E Bridge Street, Breaux Bridge, LA 70517
COMMERCIAL - Breaux Bridge, LA
Property Size2,630 SF
Lot Size0.06 Acres
Days on Market355
Property Features for 300 E Bridge Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3/C-4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
On Street
Directions
I-10 East toward Baton Rouge. Continue about 10 miles. Take Exit 109 for LA-328 / Breaux Bridge. Turn right onto LA-328 / Rees Street and follow it about 1.5 miles into downtown Breaux Bridge. Turn left onto East Bridge Street (LA-336-1). 300 E Bridge Street will be on your left
Subdivision
M1
Standard status
Pending
APN
06901k2334
Size
2,630 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Description
LOT: BRIDGE STREET, THERIOT, GUIDRY, WASHINGTON STREETCOB: 1171-786-266081 1429-284-381216 1429-287-381217 1443-215-389088 1679-298-477695 1679-302-477696 1935-772-580294
Legal Description
LOT: BRIDGE STREET, THERIOT, GUIDRY, WASHINGTON STREETCOB: 1171-786-266081 1429-284-381216 1429-287-381217 1443-215-389088 1679-298-477695 1679-302-477696 1935-772-580294
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Roof type
Built-Up
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Caitlyn Williams · License #0995684676
(337) 278-2048
Added: Sep 3, 2025
Changed: Aug 15
Last Checked: Aug 23 at 2:06AM
MLS# 2500003045
Copyright © 2026 Realtor Association of Acadiana. 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.
This 2,630-square-foot office building at 300 E Bridge Street includes three private offices, several open work areas, and a large conference room. An elevator designed for heavy equipment adds functional access within the building, while two bathrooms support daily operations. Original ceilings, detailed woodwork, and distinctive windows contribute architectural character. Central heating and central air provide year-round climate control, and the property has a built-up roof.
The property is in downtown Breaux Bridge, with on-street parking and public water service. C-3/C-4 zoning supports its commercial positioning. Set on a 0.06-acre lot, the building offers a defined office footprint with a combination of private and collaborative areas.
The property is in downtown Breaux Bridge, with on-street parking and public water service. C-3/C-4 zoning supports its commercial positioning. Set on a 0.06-acre lot, the building offers a defined office footprint with a combination of private and collaborative areas.
Key Highlights
- 2,630‑square‑foot office building on a 0.06‑acre lot
- Three private offices, 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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Three private offices, open work areas, and a conference room create a flexible professional layout.
Where is this office building located?
The property is located at 300 E Bridge Street 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: 2,630‑square‑foot office building on a 0.06‑acre lot; Three private offices, open work areas, and a large conference room; Elevator designed for heavy equipment
