Catylist ID:
#30852762
Downtown Office/Retail with 2 Parking Lots For Sale
Office
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: | 30852762 |
| Property Subtypes: | Executive Suites, Governmental, High-Tech, Institutional, Mixed Use, Net Leased, Office Building, Other |
| Building Size (RSF): | 30,000 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 24,394 SF |
| Sale Price: | $4,515,150 |
| Unit Price: | $150.51 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/22/2023 |
Overview / Comments
|
Rare Find Downtown Office/Retail Building with 2 Parking Lots included - Building includes (28 Parking Spaces) with Additional Parking Lot located at 5th and Laurel (30 Parking Spaces) - 30,000 SF Office/Retail Building with long-term Tenants and some Vacancy on 2nd and 4th Floors - Excellent Address in the heart of Downtown Baton Rouge - Located on main East/West thoroughfare, Five Blocks from the Mississippi River, near I-110 Exit - Across the street from Rivermark Centre Tower, a Multimillion Dollar Remodel, which consists of Office, Retail, and Residential Space - Excellent Access and Visibility - Flexible Floor Plans - Unique Opportunity to Own a Premier Address/Location in the Heart of Downtown Baton Rouge - Perfect for Schools, State and Governmental Agencies, Law firms, Financial Firms, Etc. - Ideal for Downtown Condo Conversion, or Owner/Occupant Opportunity - Expansive Roof Top Views |
Attachments & Media
Additional Details
| Nearest MSA: | Baton Rouge |
| County: | East Baton Rouge |
| Submarket/Township: | 50 |
| Taxing Authority: | East Baton Rouge Parish |
| Tax ID/APN: | 000-1454-0 |
| Zoning: | C-5 |
| Property Visibility: | Excellent |
| Airports: | BTR |
| Total Number of Buildings: | 1 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Parking Description: | 2 Parking Lots - one adjacent to building at the corner of Florida St and 5th St. The other has 30 parking spaces and is at the corner of 5th and Laurel St. |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,788 | 76,198 | 169,815 |
| Median Age: | 33.76 | 32.97 | 32.89 |
| Households: | 3,300 | 29,396 | 67,934 |
Contact
Carmen R Austin MBA CCIM SIORSaurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809LACDB Member |
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