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: 11/8/2022

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.

Attachments & Media

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

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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

Contact

Photograph of Listing Agent

Lawson Covington, Jr

Covington & Associates Real Estate, LLC Denham Springs, LA 70726
LACDB Member
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