506 Water St 5,000 SF 100% Leased Office Building Madisonville, LA 70447 $2,135,666 CAD ($427.13 CAD/SF) 7% Cap Rate

506 Water Street presents a rare investment opportunity in the heart of Madisonville, Louisiana. This two-story, Class A office building spans approximately 5,000 square feet and offers a modernized environment following a comprehensive renovation in 2022. Positioned along the scenic Tchefuncta River, the property combines functional office design with a desirable location that supports long-term tenant demand.
The building features executive office layouts suitable for multiple business uses, making it an attractive option for investors seeking a stabilized asset with a strong occupancy history. Its location on Water Street provides a quiet, low-traffic setting while maintaining walkable access to local businesses and amenities in downtown Madisonville. Ample parking options nearby further enhance convenience for tenants and visitors.
With its updated finishes, river frontage, and proximity to the region’s commercial and residential hubs, this property offers both immediate income potential and long-term value appreciation.