Brick Professional Office Building

7343 Hwy 182 E Morgan City, LA 70380

Claim this Listing
For Sale
$389,000

COMMERCIAL - Morgan City, LA

Property size:
2,400 SF
Lot size:
0.30 Acres
Price / SF:
$162/SF
Added:
Apr 6, 2026
Days on Market:
98
Last Refresh:
Jul 12 at 12:06 am

Property Features for 7343 Hwy 182 E

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Security features
Security System
Exterior features
Door Sign
Standard status
Active
APN
3254341312.00
Size
2,400 SF
Lot size
0.30 Acres

Taxes and HOA fees

Tax Description
LOT POR NO 6 JOSEPH FINKELSTEIN ET AL BEING POR TRACT ABCDA PER PLAT 23K 187373

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public

Building Details

Floors in Building
1
Flooring type
Wood, Tile - Ceramic
Roof type
Metal

Listing agent Paul Arceneaux License #995719154

Listing office Arceneaux Real Estate, LLC 400 E Kal Saloom Rd, Ste 2600E, Lafayette, LA

Listing date Apr 6, 2026

MLS# 2600002839

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 move-in ready office building features an attractive brick exterior with a covered front entrance and ample on-site parking. The interior is arranged with six private offices and three bathrooms, and the interior walls can be moved, offering flexibility for different tenant or owner-occupant layouts.

Located at 7343 Hwy 182 E in Morgan City, the property sits along a main commercial corridor with stated high traffic counts of 10,000 vpd, supporting visibility and straightforward customer and employee access.

The configuration is well-suited for professional and service-focused businesses, including attorney, accounting, medical, beauty, and industrial services. With its private office layout and adaptable interior wall system, the space can accommodate a range of office-based operations seeking a durable, functional asset with parking and highway frontage for day-to-day accessibility.

Key Highlights

  • 2,400 SF professional office building on Hwy 182E in Morgan City
  • Layout includes 6 private offices and 3 bathrooms
  • Brick exterior with covered front entrance

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $33.1k $13.80
− Vacancy −$5.5k −$2.28
EGI $27.7k $11.52
− OpEx −$6.9k −$2.88
NOI $20.7k $8.64
2,400 SF · lease $13.80/SF/yr · vacancy 16.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$296.3K
$259.3K – $345.7K (±1% cap)
NOI $20,741 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$409.5K
$358.3K – $477.7K (±1% cap)
NOI $28,664 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Parking Lot & Garage Gym & Fitness Center Storage Facility Furniture & Home Goods Garden Center Law Firm Kitchen & Bath Showroom Spa & Massage Center Dental Office

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - A move-in ready office building with six private offices, three bathrooms, and flexible interior walls on a main highway corridor.
Where is this office building located?
The property is located at 7343 Hwy 182 E Morgan City, LA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 2,400 SF professional office building on Hwy 182E in Morgan City; Layout includes 6 private offices and 3 bathrooms; Brick exterior with covered front entrance
Contact an agent
More about this property
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