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Historic Office Building
For Sale
$995,000
Pending

405 W 3rd Street, Thibodaux, LA 70301

Commercial Sale, Thibodaux, LA

Property Size9,293 SF
Lot Size0.40 Acres
Days on Market441

Property Features for 405 W 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features On Street
Accessibility Accessible Approach with Ramp
Directions Building is on West 3rd St. in downtown Thibodaux
Subdivision No Area
Standard status Pending
Size 9,293 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Description Lot (75 X 90) in Thibodaux; bounded North by Main St.; East by Green St.; South by Johnny X. Allemand; West by Robert D. Morvant, et al, (Less 26B sold)
Legal Description Lot (75 X 90) in Thibodaux; bounded North by Main St.; East by Green St.; South by Johnny X. Allemand; West by Robert D. Morvant, et al, (Less 26B sold)

Utilities

Utilities Natural Gas Available
Heating system Central
Cooling system Central Air
Water source Public

Amenities

private offices
conference rooms
reception area
open workspaces

Building Details

Floors in Building 3
Flooring type Wood
Building materials Brick, Concrete
Roof type Metal
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Hank Babin · License #57860
Added: Jul 24, 2025 Changed: Sep 17 Last Checked: Oct 7 at 5:06AM
MLS# 2025013770

Copyright © 2026 Bayou Board of Realtors. 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.

The Caillouet Land Building is a 9,293-square-foot commercial property at 405 W 3rd Street in Thibodaux. Originally constructed in 1900 and restored in 2016, the building combines office and retail space with private offices, conference rooms, a reception area, and open workspaces. Preserved architectural details include wood flooring, exposed brick, and timber beam accents. The property has upgraded electrical, HVAC, lighting, roof, and interior systems, along with central heating, central air, a metal roof, public water, and natural gas availability.

Located within Thibodaux's Historic District, the property has frontage on W. 3rd Street and is near restaurants, banks, civic buildings, and cultural institutions. It is listed on the National Register of Historic Places, with that designation dating to 1986. The 0.3974-acre site includes on-street parking and an accessible approach with ramp. The stated use potential includes office, boutique retail, gallery, and professional services, with potential subdivision for multi-tenant use.

Key Highlights

  • 9,293 SF commercial building on a 0.3974‑acre site
  • Constructed in 1900 and restored in 2016
  • Listed on the National Register of Historic Places since 1986

Property Analytics

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Current Use

Caillouet Law Office Law Firm Estate Planning Law ... Law Firm

Suggested Use

Top Pick Cafe & Coffee Shop Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith Acupuncture Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,075
Businesses Nearby

Demographics for 70301, LA

46,661
Population
20,993
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
88%
High-School Grad
283.8 sq mi
ZIP Area
164
Density / Sq Mi
$62,470
Median Household Income
$42,296
Median Earnings
$1,008
Median Rent
$217,500
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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Renovated commercial property with private offices, conference rooms, reception space, and open work areas in downtown Thibodaux.
Where is this office building located?
The property is located at 405 W 3rd Street Thibodaux, LA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 9,293 SF commercial building on a 0.3974‑acre site; Constructed in 1900 and restored in 2016; Listed on the National Register of Historic Places since 1986
More about this property
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