Town Hall Building

Office for Sale
Catylist Listing ID: 30459287
Property Subtypes: Business Park, Governmental, Medical, Office Building, Research & Development
Building Status: Proposed
Building Size (RSF): 105,000 SF
Gross Building Area: See Agent
Gross Land Area: 229,779 SF
Sale Price: $2,500,000
Unit Price: $23.81 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: 12.66%
Last Updated: 9/25/2023

Overview / Comments

The Town Hall Building in Houma, LA is a +/-105,000 SF, multi-tenant, retail/office building located on a hard corner at Tunnel Boulevard and Barrow Street. Situated on a +/-5.275 acre lot that is zoned C-1, this high visibility site offers general commercial use.

The 2020 census tabulated the metropolis of Terrebonne and Lafourche with over 200,000+ in population.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Tax ID/APN: R03C-25673
Property Located Between: Tunnel Boulevard
Area Description: With a population of 34,024, Houma is the largest city in the parish seat of Terrebonne Parish. Located 50 miles southwest of New Orleans, 100 miles southeast of Lafayette, and situated on Intracoastal Waterway, Houma is a strategic location for any business looking to expand to or within the Bayou Region.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,777 44,389 66,815
Median Age: 36.33 36.05 35.35
Households: 5,233 17,121 24,983


Photograph of Listing Agent

Betty Sun

NAI/Latter & Blum Commercial Investment Division
New Orleans, LA
LACDB Member
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