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    Historic Downtown Baton Rouge Building Title is generated by Realmo AI

    333 Third Street, Baton Rouge, LA

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    Two-story, 8,163 SF building in the heart of downtown.

    Type:RETAIL
    Property size:
    8,163 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $238/SF
    Added:
    Nov 5, 2025
    Days on Market:
    218
    Last Refresh:
    May 20 at 9:01 pm

    Property Features for 333 Third Street

    General Information

    Standard status
    Active
    Size
    8,163 SF
    Lot size
    0.09 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Jacob Loveland
    Jacob Loveland

    Listing agent Jacob Loveland

    Listing office Elifin Realty

    Listing date Nov 5, 2025

    Source Moodyscre

    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

    • Prime downtown Baton Rouge location near the state capitol.
    • ±8,163 SF historic two‑story building.
    • Surrounded by diverse retail, bars, and restaurants.
    • Existing hood system in the kitchen.
    • Patio space fronting 3rd St.
    • Floors can be operated separately with exterior entrances.

    Overview

    Located in downtown Baton Rouge, 333 3rd St is an approximately 8,163 SF historic two-story building. The property is situated near a variety of retail establishments, bars, and restaurants, such as Cecelia Creole Bistro, Matherne's Market, The Little Village, and the Red Stick Farmers Market, and is just minutes from the state capitol. Originally built out for a bar and restaurant, the building includes an existing hood system in the kitchen and a patio space fronting 3rd St. The floors were operated separately with their own exterior entrances and a staircase connecting them internally.

    Local Financial Insights For Specialty 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 $183.2k $22.44
    − Vacancy −$714 −$0.09
    EGI $182.5k $22.35
    − OpEx −$45.6k −$5.59
    NOI $136.8k $16.76
    8,163 SF · lease $22.44/SF/yr · vacancy 0.39% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.95M
    $1.71M – $2.28M (±1% cap)
    NOI $136,847 @ 7.0% cap · market cap 7.02%
    Second Best
    Retail
    $1.82M
    $1.60M – $2.13M (±1% cap)
    NOI $127,724 @ 7.0% cap · market cap 6.55%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Boudreaux & Thibodeaux's Bar & Pub City Bar Baton ... Bar & Pub Rio Tacos & Tequila Restaurant

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Janaiz Kreationz LLC — 1120 Spanish Town Rd, Baton Rouge, LA 70802
    • First In Catering — 715 Europe St, Baton Rouge, LA 70802
    • Poindexter BBQ — 415 N 9th St, Baton Rouge, LA 70802
    • CHEF CELESTE llc — 501 N 5th St, Baton Rouge, LA 70802

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1884
    Latitude
    30.4498

    FAQs

    What type of property is this?
    Restaurant - Two-story, 8,163 SF building in the heart of downtown.
    Where is this restaurant located?
    The property is located at 333 Third Street Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Prime downtown Baton Rouge location near the state capitol.; ±8,163 SF historic two‑story building.; Surrounded by diverse retail, bars, and restaurants.
    (225) 460-0877 Call to check price and availability
    More about this property
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