Downtown Baton Rouge Redevelopment

Vacant Land for Sale
Also listed as Multi-Family, Retail-Commercial
Catylist Listing ID: 30792913
Property Subtypes: Hospitality, Multi-Family, Retail, Retail-Pad, Vacation/Resort
Gross Land Area: 26,624 SF
Sale Price: $4,950,000
Unit Price: $185.92 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/13/2022

Overview / Comments

This 26,624 SF redevelopment site is a block from the Mississippi River and located in the very heart of Downtown Baton Rouge. It's directly across from the Hilton with 128' of frontage on Lafayette St and 192' on Florida St. The property is comprised of 3 physical addresses: 200 Florida St, 224 Florida St and 244 Lafayette St. There are no height restrictions, making this site prime for a multifamily use redevelopment, including, but certainly not limited to, student housing. Its location would also make for a great hotel site. The adjacent 8,276 SF parcel is also For Sale. If combined with this site, a total of .8 acres is available.

This site is in an Opportunity Zone and qualifies for multiple tax credit programs.

Follow the link under Attachments & Media to see what's going on in the Downtown Development District of Baton Rouge.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 50
Tax ID/APN: 022-2208-6
Zoning: C5
Property Visibility: Excellent
Largest Nearby Street: Florida St

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,591 73,440 162,150
Median Age: 35.86 33.03 32.76
Households: 3,282 28,453 64,483

Contact

Photograph of Listing Agent

Judah Vedros

Kurz & Hebert Baton Rouge, LA 70809
LACDB Member
Photograph of Listing Agent

Mark B Hebert

Kurz & Hebert Baton Rouge, LA 70809
LACDB Member
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