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Two-Building Office Property
For Sale
$375,000

502 Roussell Street, Houma, LA 70360

COMMERCIAL - Houma, LA

Property Size2,326 SF
Lot Size0.16 Acres
Price / SF$161.22
Days on Market52

Property Features for 502 Roussell Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking 10
Parking features Parking Lot, On Street
Exterior features Storage, Pole Sign
Subdivision Roussell Street
Lot features Corner Lot, Corner Lot
Standard status Active
Size 2,326 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description see legal title
Legal Description see legal title

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

kitchenette

Building Details

Floors in Building 1
Flooring type Wood, Tile - Ceramic, Tile
Additional Structures Storage
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Michelle Parsons · License #18238
Added: Jun 26 Changed: Aug 12 Last Checked: Aug 16 at 3:06PM
MLS# 2026011872

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.

Two-building office property on a downtown corner lot in Flood Zone X, with no flood insurance requirement noted in the property remarks. The main building includes five offices with real hardwood floors, built-in bookshelves/shelving, and deep closets, along with a reception and lobby area with natural lighting and a view of downtown. A kitchenette is also included in the main building.

The second building has sage walls and ceramic tile floors throughout, with two spacious offices, one kitchenette, and one bathroom. The property offers 10 parking lots with shade from Louisiana Magnolia trees. Exterior features include storage and a pole sign.

The office spaces are served by central heating and central air conditioning. Utilities include natural gas available, public water, and public sewer.

Key Highlights

  • Flood Zone X (does not require flood insurance)
  • Two office buildings with separate office + kitchenette + bath layouts
  • 5 offices in main building with real hardwood floors and built‑in shelving

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

610
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-building office property in Flood Zone X with central HVAC, on-site parking, and natural gas and public utilities available.
Where is this office building located?
The property is located at 502 Roussell Street 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: Flood Zone X (does not require flood insurance); Two office buildings with separate office + kitchenette + bath layouts; 5 offices in main building with real hardwood floors and built‑in shelving
More about this property
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