Opportunities like this don't come around often! Located in the heart of downtown Olla on a highly visible corner lot at Front Street (Hwy 125), Louisiana Street, and Dixie Lane, the former Town of Olla Bank is ready for its next chapter. Steeped in local history and full of character, this iconic property offers endless possibilities for investors, entrepreneurs, and visionaries alike. Imagine transforming this landmark building into a thriving retail space, professional office, boutique business, café, event venue, or even a truly unique residential home. Positioned in a prime downtown location with excellent visibility and accessibility, this property combines small-town charm with incredible potential. Whether you're looking to expand your investment portfolio, establish a business presence, or create a one-of-a-kind living space, this is a rare opportunity to bring your vision to life while preserving a treasured piece of Olla's heritage. Historic charm, prime location, and unlimited potential—don't miss your chance to own one of Olla's most recognizable properties. Schedule your private showing today and discover the possibilities waiting behind these doors!
Excellent investment opportunity! This 12-room motel offers ample parking, and room for future expansion on nearly 1 acre. The property features 1 suite complete with a sitting area and kitchenette, 7 double-bed rooms, and 4 single-bed rooms. Additionally, there is a common area/office space that can serve as a reception area, business office, or guest gathering space, along with a fully equipped utility/laundry room. Strategically located on US Highway 165 between Alexandria and Monroe, this established business benefits from consistent traffic and a strong local presence. Nearby employers and attractions include Drax Biomass LaSalle, Hardtner Medical Center, municipal offices, and local sports facilities, providing a steady flow of potential guests year-round. Adding to the income potential, the property includes a billboard that generates annual revenue. With plenty of space for growth and additional development opportunities, this property is well-positioned for an owner-operator or investor looking to expand their portfolio. Schedule your private showing today!
Olla is located in Louisiana. Olla, Louisiana has a population of 1,533. Olla is more family-centric than the surrounding county with 33.15% of the households containing married families with children. The county average for households married with children is 23.26%.
The median household income in Olla, Louisiana is $35,227. The median household income for the surrounding county is $52,205 compared to the national median of $69,021. The median age of people living in Olla is 31.4 years.
The average high temperature in July is 92.3 degrees, with an average low temperature in January of 34.9 degrees. The average rainfall is approximately 59 inches per year, with 0.3 inches of snow per year.
