Riverfront Development Site

Expired Vacant Land for Sale
Property Subtypes Multi-Family, Office, Retail, Vacation/Resort, General
Gross Land Area: 72,000 SF
Sale Price: $6,500,000
Unit Price: $90.28 PSF
Sale Terms Cash to Seller
Withdrawn On: 6/18/2013
Last Updated: 7/23/2014

Property Overview

For more information on this property, please visit:
www.brriverfrontsite.com

A unique commercial site with 72,000 +/- square feet facing the Mississippi River in the heart of downtown Baton Rouge, located just three blocks from the state's capitol building. This cleared square block is one of the very few sites available for development on the riverfront with dramatic views of the Mississippi. It is immediately adjacent to the state capitol complex, which is a collection of state office buildings where thousands of Louisiana state employees work daily.

The site offers multi-level frontage and would accommodate an underground parking garage on-site. Two state-operated parking garages, with public lease space available, are located across the street on the north and east sides of the property.

Location of site is on the city's free trolley route and easily accessible to offices, restaurants, theaters, museums, nightlife, YMCA fitness center, levee jogging/walking lighted path and many other downtown amenities, makes them ideal for a number of possible commercial developments in a multi-story building:
- Office Space
- Financial Center
- Residential Condominiums
- Boutique Hotel
- Retail/Restaurants
- Institutional Development

A number of completed and planned projects surround the property which are part of the exciting redevelopment plans underway for downtown Baton Rouge. More information about these projects can be found in the News and Links section of this web site as well as on the site of the Downtown Development District, www.downtownbr.org

Property History
In the 1800s, the site was key to the loading and unloading of cargo from colorful paddlewheel steamships that stopped in Baton Rouge on their way down to New Orleans or upriver to Ohio.
Starting in the 1950s, the site was home to the publishing company, Capital City Press, which was founded in 1909 and grew to include both radio and broadcast communication entities. For well over a century the location has been, literally and figuratively, at the heart of the capital city's business, industrial and political life.

Additional Details

Nearest MSA Baton Rouge
County East Baton Rouge
Submarket 50
Zoning C-5

Attachments & Media

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,652 72,248 162,138
Median Age: 35.5 33.51 32.62
Households: 2,921 28,185 64,424

Contact

This contact is a member of LACDB and is licensed by the Louisiana Real Estate Commission
Photograph of Listing Agent

George R Kurz

Kurz & Hebert Baton Rouge, LA 70898
Note: The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.