Retail Building on Florida Blvd East

Retail-Commercial for Sale
Catylist Listing ID: 30869480
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 1,756 SF
Gross Building Area: See Agent
Sale Price: $260,000
Unit Price: $148.06 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 7.4%
Last Updated: 3/16/2024

Overview / Comments

Located on the bustling Florida Blvd in Baton Rouge, a stone's throw away from Denham Springs, this free-standing commercial building presents a golden opportunity for entrepreneurs and business owners alike. Recently undergoing a comprehensive renovation, the property stands ready to accommodate a variety of business ventures.

Spanning a generous footprint, the building offers ample space, making it an ideal setting for businesses looking to expand or plant their roots in a high-visibility area. The current tenant, housed under short-term lease, underscore the property's versatility and potential for swift occupancy transition, allowing new owners to reimagine the space according to their unique visions.

Situated in a corridor known for its heavy traffic, the location promises exceptional exposure to a steady stream of potential customers, making it a strategic spot for retail outlets, specialty stores, professional offices, or even culinary ventures. The area around Florida Blvd is renowned for its vibrant community life, accessibility, and commercial appeal, offering a supportive environment for both emerging and established businesses.

This property is not just a building; it's a launchpad for ambition, offering the rare blend of location, flexibility, and potential that savvy investors and business owners dream of. Whether you're looking to kickstart a new enterprise or elevate an existing one, this commercial building in Baton Rouge stands as a beacon of opportunity, ready to propel your business to new heights.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 42
Tax ID/APN: 019-5310-9
Retail Clientele: General, Family, Business, Other
Property Visibility: Excellent
Largest Nearby Street: O'Neal Lane
Feet of Frontage: 70
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1979
Year Renovated: 2022
Construction/Siding: Metal Siding
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Lot Frontage: 70
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Legal Description: Ward 3-0, Lot:12, Subdiv:River Oaks. 1st Filing. (Commercial).

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,948 62,498 154,984
Median Age: 36.09 34.78 36.64
Households: 3,313 24,199 60,943


Photograph of Listing Agent

Keith Duncan

Real Broker LLC Baton Rouge, LA 70827
LACDB Member
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