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Historic Office and Retail Building
For Sale
$1,390,000

405 W 3rd Street, Thibodaux, LA 70301

COMMERCIAL - Thibodaux, LA

Property Size9,293 SF
Lot Size0.40 Acres
Price / SF$149.57
Days on Market392

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 Active
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

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 #37498
Added: Jul 24, 2025 Changed: Aug 4 Last Checked: Aug 19 at 3:06AM
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 landmark commercial property originally built in 1900 and meticulously restored in 2016. The building provides approximately 9,293 square feet of renovated office and retail space with preserved original architectural character, including hardwood floors, exposed brick, and wood beam accents. Interior layouts include private offices, conference rooms, a reception area, and open workspaces, supporting a range of professional uses. Upgrades are noted across key building systems, including electrical, HVAC, lighting, roof, and interior improvements. The building is listed on the National Register of Historic Places (since 1986), offering both historic presence and modernized functionality.

The property is located at 405 W 3rd Street in Thibodaux, Louisiana, with frontage on W. 3rd Street. It sits in the core of the walkable downtown Historic District, and the surrounding area is described as steps from restaurants, banks, civic buildings, and cultural institutions.

With its office-forward layout and retail-compatible frontage, the building can serve as an owner-occupant headquarters for professional services, or as a boutique setting for uses that benefit from historic finishes. The current configuration also lends itself to consideration of multi-tenant setup, given the noted potential to subdivide for investment use, depending on tenant and approval requirements.

Key Highlights

  • 9,293 SF renovated office/retail building in Thibodaux’s Historic District
  • Originally built in 1900 and restored in 2016
  • Listed on the National Register of Historic Places (since 1986)

Property Analytics

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Renovated 1900 landmark offers office and retail interiors with upgraded systems and downtown street frontage.
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 $1,390,000.
What are key features of this property?
This property features: 9,293 SF renovated office/retail building in Thibodaux’s Historic District; Originally built in 1900 and restored in 2016; Listed on the National Register of Historic Places (since 1986)
More about this property
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