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 |
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