Mid-City Retail/Brewery/Restaurant Building with Ample Parking

Retail-Commercial for Sale
Catylist Listing ID: 30474287
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Movie Theatre, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 4,000 SF
Gross Land Area: 0.82 Acres
Sale Price: $592,000
Unit Price: $148 PSF
Ceiling: 16 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/5/2021

Overview / Comments

Unique commercial building with 119 feet of frontage and high visibility located directly across the street from the newly developed Electric Depot mixed-use development on Government St. in Mid-City. Solid masonry construction 4,000 SF (50'x80') retail building. Zoned M-1. Large parking lot. Also includes additional vacant stabilized secure yard in the rear. Total lot is (118'8" x 302') 0.823 Acre.

Perfect for a brewery or restaurant.

*Located in Opportunity Zone

Also available for Lease.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 51
Taxing Authority: East Baton Rouge Parish
Tax ID/APN: 00179000
Zoning: M-1
Market Type: Medium
Retail Clientele: General
Property Located Between: Mid-City and Downtown
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Government
Feet of Frontage: 118
Highway Access: within 1 mile of I-110 and I-10
Site Description: Unique solid masonry commercial building with 119 feet of frontage and high visibility located directly across the street from the newly developed Electric Depot mixed-use development on Government St. in Mid-City. Solid masonry construction 4,000 SF (50'x80') retail building. Zoned M-1. Large parking lot. Also includes additional vacant stabilized secure yard in the rear. Total lot is (118'8" x 302') 0.823 Acre. Perfect for a brewery or restaurant. *Located in Opportunity Zone
Area Description: Property is located in an Opportunity Zone, directly across from Electric Depot in popular Mid City. This location would be excellent for a brewery needing M-1 zoning or a trendy restaurant/bar. Property consists of .823 acres, allowing for ample parking.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Average
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 60
Parking Type: Surface
Parking Description: Approximately 15 parking spots per 1,000 sf. Parking lot is fully fenced.
Sprinklers: None
Zoning Description: M-1
Lot Frontage: 119
Lot Depth: 302
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 1-A, RESUB. OF LOTS 1 THRU 4, SQ. 7 OR 347, POWERS A/K/A FAVROT SUBDIVISION. RESUB. 2014

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,728 83,646 175,297
Median Age: 34.64 33.24 33.1
Households: 6,508 33,666 70,938

Contact

Photograph of Listing Agent

Lauren B Buckholtz

Saurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
Photograph of Listing Agent

Matthew Shirley

Saurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
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