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Updated Medical Office Space
For Sale
$187,000

507 N Market Street, Opelousas, LA 70570

Commercial Sale, Opelousas, LA

Property Size2,371 SF
Price / SF$78.87
Days on Market545

Property Features for 507 N Market Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Parking 9
Parking features Secured, Off Street
Exterior features Partially Fenced
Fencing Partial
Lot features Corner
Directions From our office at 2000 Kaliste Saloom Rd. Approx a 33 minute drive. Continue on Kaliste Saloom Rd tp SE Evangeline Thruway ; continue north on NE Evangeline Thruway. I-49 Take Exit 19 onto E. Landry in Opelousas, LA. Turn right onto S. Union then left onto E. Bloch Street. Property is at the corner of E. Bloch St. & N. Market Street
Subdivision L2
Standard status Active
APN 0102692700
Size 2,371 SF

Taxes and HOA fees

Tax Description Lot (77.5 x 120) N St Landry Clinic S Block St E Market St W St Landry Clinic 1188989 (Lot 1 Blk 5 N Market St
Legal Description Lot (77.5 x 120) N St Landry Clinic S Block St E Market St W St Landry Clinic 1188989 (Lot 1 Blk 5 N Market St

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Roof type Metal
Listing Agency: Compass · ERA Real Estate
Listed By: Ann Porche · License #16592
Added: Apr 11, 2025 Changed: Sep 29 Last Checked: Oct 7 at 2:06PM
MLS# 2020022800

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 2,371-square-foot medical office property features solid brick-frame construction beneath a metal roof. The interior includes a front reception lobby, a larger private office with its own bathroom, two oversized hallways, three additional bathrooms, and a 12' x 12' employee room with a bathroom at the side entrance. Three additional access and egress doors support circulation through the building. Flooring, interior paint, lighting, and the HVAC system have been recently updated.

Parking includes nine on-street spaces, including one handicap-accessible space, along with six secured rear spaces. The property is zoned Commercial and has public water, central heating, central air, partial fencing, and off-street parking. Its prior use was as a medical office and Acadiana Pharmacy, supporting continued consideration for medical or office occupancy.

Key Highlights

  • 2,371‑square‑foot medical office property
  • Solid brick‑frame construction with a metal roof
  • Nine on‑street spaces, including 1 handicap‑accessible space

Property Analytics

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Current Use

Richard Medical Clinic Medical Clinic Richard Arlene C ... Pediatrician Dawnia Willis Pharmacy

Suggested Use

Top Pick Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic HVAC Service Cafe & Coffee Shop

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

954
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70570, LA

38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Commercial medical office with a reception lobby, multiple private rooms, accessible entry, and recently updated interior systems.
Where is this medical office space located?
The property is located at 507 N Market Street Opelousas, LA.
What is the asking price?
The asking price for this property is $187,000.
What are key features of this property?
This property features: 2,371‑square‑foot medical office property; Solid brick‑frame construction with a metal roof; Nine on‑street spaces, including 1 handicap‑accessible space
More about this property
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