319 Memphis St Bogalusa, LA 70427
This exceptional 5,392 square foot commercial property at 319 Memphis Street in Bogalusa, Louisiana, presents a unique investment opportunity. Currently, a portion of the building is occupied by Edward Jones Investments under a recently renewed five-year lease, providing immediate and stable rental income. The remaining 4,000 square feet offers significant flexibility. This expansive area can be utilized as a single large space, or easily subdivided to create two or more individual office suites, catering to a variety of business needs. The building's history includes use as a VA medical facility, resulting in existing ADA-compliant accessibility features throughout. A notable feature is the impressive conference room, ideal for board meetings or large gatherings. The spacious front lobby includes a glass-enclosed reception area, providing a professional and welcoming atmosphere for clients and visitors. This central Bogalusa location ensures high visibility and accessibility, making it an attractive proposition for a diverse range of commercial ventures. The property's adaptable layout and existing infrastructure make it a compelling investment opportunity with potential for significant return. The asking price is $339,000. This property is situated on a lot with no acreage listed.
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Briggs George D DO Physician
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Valor Healthcare Physician
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Edward Jones - Financial Advisor: Billy W Hartfield, AAMS®|CRPC® Financial Advisor
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Basco Contracting Hardware & Home Improvement Interior Design
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.