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Opportunity Zone Historic Office/Warehouse in Mid City
1400 Main St Baton Rouge, LA 70802
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Overview
An opportunity for an owner/user or investor, this beautiful building is an impressive 104- years-old and combines a classic industrial feel with time-tested construction. The historic property is located in the Downtown Development District and has Opportunity Zone Designation.
The multi-tenant office/warehouse is ±76% occupied and generating rental income, presenting an opportunity for an investor to bring additional value by leasing the vacant portion. Or the versatile property could be utilized by an industrial / manufacturing / distributing user looking for space in Mid City.
In 2006, $125,000 worth of renovations were invested into the property – roof replacement and other improvements made.
This property is located just ±0.3 Miles from I-110 & Downtown Baton Rouge. The property is also conveniently located only ±4 minutes from I-10 access.
The current tenant is Capital Area Corporate Recycling Council.
• Opportunity Zone Designation
• Located in the Downtown Development District
• Historic, 104-year-old Warehouse
• $125,000 spent on roof replacement and other improvements in 2006
Links
For Sale
Other
- Sale Price
- $1,359,000
- Price Per SF
- $32.1/SF
- Building Size
- 42,315 SF
- Acres
- 1.026 ac
- Zoning
- M1
- Building Class
- B
- Max Contiguous
- 42,315
- Number of Buildings
- 1
- Floors
- 2
- Construction Siding
- Brick
- Construction Type
- Masonry
- Submarket
- LACDB - 51
- Property Status
- Existing
- In Opportunity Zone
- Yes
- Drive-In Number
- 3
- County
- East Baton Rouge Parish
- Created
- 2019-03-18
- Updated
- 2024-12-10
- Listing ID
- f52c919f