Catylist ID:
#30546297
REDUCED - Value Add - Baton Rouge Office Building
Office
for Sale
| Catylist Listing ID: | 30546297 |
| Property Subtypes: | High-Tech, Flex Space, Net Leased, Office Building |
| Building Size (RSF): | 23,407 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.43 SF |
| Sale Price: | $1,495,000 |
| Unit Price: | $63.87 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Vacant/Owner-User |
| Building Name: | 1201 Main |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 9.5% |
| Last Updated: | 3/20/2024 |
Overview / Comments
|
Property Highlights Rare Downtown Office/Warehouse Investment Property Owner Occupant w/ Existing Income or Value Add Potential Private Parking (Lots 3-4) Regional Engineering Tenant Tenant Recently Executed Three Year Renewal 16,984 SF - Office; 6,423 SF - Warehouse Adjoining property (1328 North Street) is also for sale. |
Attachments & Media
Additional Details
| Nearest MSA: | Baton Rouge |
| County: | East Baton Rouge |
| Submarket/Township: | 51 |
| Tax ID/APN: | 001-4333-2 |
| Zoning: | C-2 |
| Number of Stories: | 2 |
| Year Built: | 1927 |
| Year Renovated: | 2005 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,181 | 84,814 | 180,437 |
| Median Age: | 34.32 | 32.78 | 33.09 |
| Households: | 4,259 | 33,627 | 72,721 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions. |
