Mid-City Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 30474310
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 4,000 SF
Sale Price: $550,000
Unit Price: $137.50 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2019

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. Includes showroom and warehouse with roll-up door and 3 phase electrical and gas. Small office and restroom. Large parking lot. Also includes additional vacant stabilized secure yard in the rear. Total lot is (118'8" x 302') 0.823 Acre.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 51
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
Tenancy: Single Tenant
Construction/Siding: Block
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,090 83,646 175,297
Median Age: 34.71 33.24 33.1
Households: 6,264 33,666 70,938

Contact

Photograph of Listing Agent

Carmen R Austin, CCIM

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