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Downtown Mixed-Use Opportunity
For Lease
$18 SF/Yr

263 3rd Street, Baton Rouge, LA 70801

Modern office and retail space in downtown Baton Rouge.

Space Size2,126 SF - 7,990 SF
Property Size48,393 SF
Days on Market264

Property Features for 263 3rd Street

General Information

Standard status Active
Size 2,126 SF - 7,990 SF
Class B
Property subtype Office
Lease Term NNN; Full Service

Building Details

Building Size 48,393 SF

Spaces For Lease

at 263 3rd Street Contact us

01 - Retail $30/SF/Yr

Size
6,325 SF
Type
Street Retail
Term
Negotiable
Contact us

02 $18/SF/Yr

Size
7,990 SF
Type
Office Building
Term
Negotiable
Contact us

03 $18/SF/Yr

Size
4,095 SF
Type
Office Building
Term
Negotiable
Contact us

04 $18/SF/Yr

Size
5,742 SF
Type
Office Building
Term
Negotiable
Contact us

05 $18/SF/Yr

Size
5,705 SF
Type
Office Building
Term
Negotiable
Contact us

06 $18/SF/Yr

Size
5,483 SF
Type
Office Building
Term
Negotiable
Contact us

07 $18/SF/Yr

Size
5,166 SF
Type
Office Building
Term
Negotiable
Contact us

08 - Penthouse $30/SF/Yr

Size
2,126 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency:
Listed By: Reed Wiley, CCIM · License #LA #BROK.995704349-ASA
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:54AM

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 Reed Wiley, CCIM

Investment Insights

Based on property information with market context.

Located at the corner of 3rd Street and Florida Street in Downtown Baton Rouge, the property at 263 3rd Street offers a modern approach to the Class B office market, featuring curated retail programming. The ground-floor retail space is designed to integrate with the Downtown/3rd Street scene, while the rooftop provides a restaurant/bar opportunity. Office amenities include an onsite gym with locker rooms and showers, a large kitchen and lounge, and high-speed fiber internet. The site is zoned Business (C5), allowing for a variety of office and retail uses. The available space is approximately 48,393 square feet with flexible floor plates. Retail is located on the ground floor, with a restaurant and bar on the rooftop. Co-working space is planned for floors 2-3, with traditional office space on floors 4-7. The entire development is eligible for historic tax credits. The property is located in an Opportunity Zone. Potential tenant improvement incentives are available. Downtown Baton Rouge, along the Mississippi River, features the Louisiana State Capitol building and gardens. The area includes a restaurant and nightlife scene, a riverside casino, and the Spanish Town Historic District with 19th-century architecture. The Pentagon Barracks Museum and the Governor’s Mansion on Capitol Lake are also nearby.

Key Highlights

  • Prime Downtown Location: High visibility at the corner of 3rd Street and Florida Street.
  • Mixed‑Use Opportunity: Ground‑floor retail, rooftop restaurant/bar, co‑working, and office spaces.
  • Historic Tax Credit Eligibility: Entire development eligible for significant financial incentives.

Property Analytics

Current Use

Veterinary Medical Examiners Veterinary Clinic Tarvald A Smith Attorney Law Firm Downtown Grocery Grocery & Convenience Store Charter School Tools High School parkingmgt.com Parking Lot & Garage

Suggested Use

Top Pick Dental Office Pharmacy Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,471
Businesses Nearby

Demographics for 70801, LA

340
Population
240
Households
1.4
Avg Household Size
40
Median Age
70%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
3,400
Density / Sq Mi
$112,787
Median Household Income
$103,750
Median Earnings
$1,679
Median Rent

Market

Lease Benchmarks for Baton Rouge, LA

$17.18 /SF/Yr
Avg Asking Price
$2.29–$34.23 /SF/Yr
Price Range
20,604 SF
Avg Space Size

This space is priced 5% above the average of $17.18 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Modern office and retail space in downtown Baton Rouge.
Where is this office building located?
The property is located at 263 3rd Street Baton Rouge, LA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Location: High visibility at the corner of 3rd Street and Florida Street.; Mixed‑Use Opportunity: Ground‑floor retail, rooftop restaurant/bar, co‑working, and office spaces.; Historic Tax Credit Eligibility: Entire development eligible for significant financial incentives.
More about this property
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