COMMERCIAL BUILDING IN BATON ROUGE
Office
for Sale
| Catylist Listing ID: |
30820523 |
| Property Subtypes: |
Medical, Office Building
|
| Building Size (RSF): |
8,580 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$725,000 |
| Unit Price: |
$84.50 PSF |
| Property Use Type: |
Investment |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/15/2023 |
Overview / Comments
|
Did not flood. Great investment potential. 7 units total and all are occupied with LEASES IN PLACE. 3 units with Office and Warehouse space that have valuable S Choctaw road frontage. Each of these units have 2 bathrooms. (Approximately 1500 sqft per unit) 4 additional units in the back of the property that are open warehouse space with bathroom (approximately 900 sq ft per unit) Property is zones M-1 for use of light industrial such as office/warehouse space, retail, etc Additional lot on the side was added to this property extending lot frontage from 100 to 125ft. *Structure square footage nor lot dimensions not warranted by Realtor.
|
Additional Details
| Nearest MSA: |
Baton Rouge |
| County: |
East Baton Rouge |
| Submarket/Township: |
41 |
| Tax ID/APN: |
017-6076-9 |
| Property Visibility: |
Excellent |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,988 |
86,033 |
201,727 |
| Median Age: |
35.44 |
35.25 |
35.58 |
| Households: |
3,279 |
33,324 |
80,910 |
|
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