Downtown Parking Lot near Rivermark Centre (Building + Parking Lots)

Vacant Land for Sale
Also listed as Office, Retail-Commercial
Catylist Listing ID: 30738091
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 0.19 Acres
Sale Price: $614,400
Unit Price: $3,233,684 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/23/2021

Overview / Comments

This parking lot is ±8,192 SF in size and holds approximately 25 parking spaces. It sits at the hard corner of Florida St and N 5th St, adjacent to the office building at 525 Florida Blvd.

This lot is intended to be sold as part of a downtown portfolio including another paid parking lot (±8,010 SF with ±28 spaces), and a four-story office building (±30,720 SF) at 525 Florida Blvd.

Portfolio Offering Summary:
- 525 Florida St. (Office building)
- Parking Lot (hard corner of Florida St. and N. 5th)
- Parking Lot (hard corner of Laurel St. and N. 5th)
- All property zoned C-5 and located in Opportunity Zone

Financials and rent roll available upon request.

Rivermark Centre (Formerly Chase North & South Towers) sit across N 5th St. from the subject property and is undergoing an extensive, multi-million dollar renovation. This renovation is one of the largest downtown projects in recent years.

Click "Property Flyer" below to view more details.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 50
Tax ID/APN: 000-1454-0
Zoning: C5
Property Located Between: Florida St. and Laurel St.
Property Visibility: Excellent
Highway Access: Convenient access to I-10.
Area Description: Located centrally in Downtown Baton Rouge. Surrounded by other high density office buildings, multi-family residential and retail.
Zoning Description: C-5
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,788 76,198 170,758
Median Age: 33.76 32.97 32.95
Households: 3,300 29,396 68,299

Contact

Photograph of Listing Agent

George Bonvillain, Jr

Elifin Realty
Baton Rouge, LA
LACDB Member
Photograph of Listing Agent

Will Chadwick

Elifin Realty
Baton Rouge, LA
LACDB Member
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