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 |
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 |
|
© Copyright 2001-2022 Catylist. All Rights Reserved.
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.
|
