721 Government Street

Office for Sale
Catylist Listing ID: 30656083
Property Subtypes: Office Building
Building Size (RSF): 19,713 SF
Gross Land Area: 0.90 Acres
Sale Price: $3,000,000
Unit Price: $152.18 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/27/2023

Overview / Comments

Landmark office building in downtown Baton Rouge fronting on Government Street with on-site parking and easy access to and from the interstate. Completely renovated with interior systems and finishes by Kevin Harris Architects and Bani Carville to meet the demands of the 21 century. Building is leased to multiple tenants with additional space available for tenants or owner/occupant. Great opportunity for an owner/investor to take advantage of an architectural gem.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 51
Tax ID/APN: 001-6317-1
Property Visibility: Excellent
Site Description: Easy access from Government Streets full service interchange with Interstate 10 featuring surface level gated parking on site.
Area Description: Vibrant portion of Beauregard Town and close to the River Center and governmental offices.
Total Number of Buildings: 1
Number of Stories: 3
Construction/Siding: Brick
Exterior Description: Mixture of brick and limestone masonry finish.
Parking Type: Surface
Parking Description: Parking adjacent to the building and in a gated lot across a side street. Parking is included within the rental rate which is a feature not often found in a downtown location. Great signage visibility and near courthouses, parish, and state government offices.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,515 78,981 167,746
Median Age: 34.3 33.51 32.87
Households: 3,242 31,317 67,138


Photograph of Listing Agent

George R Kurz

Kurz & Hebert Baton Rouge, LA 70809
LACDB Member
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