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Two-Building Office Property
For Sale
$375,000

502 Roussell St, Houma, LA 70360

Downtown corner office property with flexible layouts, multiple workrooms, kitchenettes, and on-site parking.

Property Size2,326 SF
Price / SF$161.22
Days on Market8

Property Features for 502 Roussell St

General Information

Standard status Active
Size 2,326 SF
Total Parking Spaces 10

Building Details

Buildings 2
Abandoned No
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Michelle Parsons · License #18238
Source: Smithsquared
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 30 at 8:34PM

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 KELLER WILLIAMS REALTY BAYOU P

Investment Insights

Based on property information with market context.

This downtown office property includes two separate buildings on a corner lot. The primary structure offers five offices, a reception and lobby area, hardwood flooring, built-in shelving, deep storage closets, and a kitchenette. The second building adds two offices, a kitchenette, a bathroom, sage-colored walls, and ceramic tile flooring throughout. Both buildings are described as well maintained and were previously used as a law office.

The property is located at 502 Roussell St in Houma, near the Houma Court House and within minutes of a hospital, shopping, restaurants, downtown festivals, and the downtown plaza. Ten parking spaces are provided on site, with shade from Louisiana magnolia trees. The property is in Flood Zone X and does not require flood insurance.

Key Highlights

  • Two separate office buildings on a downtown corner lot
  • Primary building includes 5 offices, reception, lobby, hardwood floors, built‑ins, and storage closets
  • Second building provides 2 offices, a kitchenette, bathroom, and ceramic tile flooring

Property Analytics

Current Use

Alexander M Crighton ... Law Firm Douglas H Greenburg ... Law Firm Brown Paul E Law Firm

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Travel Agency Grocery & Convenience Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

1,499
Businesses Nearby

Demographics for 70360, LA

28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
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 - Downtown corner office property with flexible layouts, multiple workrooms, kitchenettes, and on-site parking.
Where is this office building located?
The property is located at 502 Roussell St Houma, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two separate office buildings on a downtown corner lot; Primary building includes 5 offices, reception, lobby, hardwood floors, built‑ins, and storage closets; Second building provides 2 offices, a kitchenette, bathroom, and ceramic tile flooring
More about this property
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