Mid-Century Office/Retail Building For
2031 Government St Baton, Baton Rouge, LA 70806
Freestanding office/retail building in a growing commercial corridor.
Type:Single Tenant Office
Property size:
2,000 SFPrice / SF:
$199/SF- Added:
- Feb 18, 2026
- Days on Market:
- 104
- Last Refresh:
- Feb 18 at 9:22 am
Property Features for 2031 Government St Baton
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Single Tenant Office
Listing agent Jacob Loveland (225) 460-0877
Listing office Elifin Realty (225) 460-0877
Listing date Feb 18, 2026
Source Thebrokerlist
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Elifin Realty
HighLights
- Visible corner lot location in the heart of Mid City.
- A. Hayes Town designed building with distinctive mid‑century style.
- Suitable for both office and retail uses.
- 11 on‑site parking spaces.
- Located in a fast‑growing commercial corridor surrounded by established businesses.
- Updated roof, vinyl flooring, and modern architectural elements.
Overview
The property at 2031 Government St is a freestanding office/retail building with approximately 2,000 square feet of space, situated on a visible corner lot. Designed by A. Hayes Town in the 1960s, the property showcases a distinctive mid-century style, incorporating modern architectural elements. Updates include a shingle roof and vinyl flooring. The property is suitable for both office and retail uses. It includes 11 on-site parking spaces. Located in the heart of Mid City, the property is surrounded by established local businesses such as French Truck Coffee, Barracuda Taco, Pink Elephant Antiques, and Elsie’s Plate & Pie. The area is recognized as one of Baton Rouge’s fastest-growing commercial corridors. The seller requires a lease-back period of 30 to 60 days following closing.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.9k | $22.44 |
| − Vacancy | −$175 | −$0.09 |
| EGI | $44.7k | $22.35 |
| − OpEx | −$13.4k | −$6.71 |
| NOI | $31.3k | $15.65 |
2,000 SF · lease $22.44/SF/yr · vacancy 0.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$447.0K
$391.2K – $521.6K
NOI $31,293 @ 7.0% cap · market cap 7.84%
Second Best
Office B
$273.3K
$239.1K – $318.8K
NOI $19,130 @ 7.0% cap · market cap 4.79%
Theoretical Best
Specialty Retail
$479.0K
$419.1K – $558.8K
NOI $33,529 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Renaissance Imaging LLC
Printing Service
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.1670464
- Latitude
- 30.4440334
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Freestanding office/retail building in a growing commercial corridor.
Where is this office building located?
The property is located at 2031 Government St Baton Baton Rouge, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Visible corner lot location in the heart of Mid City.; A. Hayes Town designed building with distinctive mid‑century style.; Suitable for both office and retail uses.
