1900 Main St. - Royal Furniture

Industrial for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30639442
Property Subtypes: Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 63,790 SF
Gross Building Area: 63,970 SF
Gross Land Area: 81,920 SF
Sale Price: $1,595,000
Unit Price: $25 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Royal Furniture
Usable Size (USF): 63,970 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2020

Overview / Comments

In 2018, after 71 years in business, Royal Furniture closed its doors for good giving the rapidly gentrifying Mid City real estate market a 63,970 SF property that is prime for a retrofit. This property has been added on to in several phases, with the original part of the property having been constructed somewhere around WWI. The surrounding Mid City area is anchored by Sacred Heart, has several historic cemeteries, Government St. is rapidly being redeveloped + the property has direct access to downtown & I-10. This property can be used for show room / warehouse or re-purposed for another type of retail, call center, medical, mini storage, etc.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 51
Tax ID/APN: 001-5519-5
Zoning: C2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,729 87,737 181,852
Median Age: 35.11 32.56 33.26
Households: 4,680 35,194 73,494

Contact

Photograph of Listing Agent

Grey Mullins

Grey Mullins Commercial Properties Baton Rouge, LA 70809
LACDB Member
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