Renovated Live-Work
For Sale
$255,000
339 S Acadian Thruway, Baton Rouge, LA 70806
Tudor-style building with residential layout, flexible upstairs space, updated systems, and a detached structure for storage or workspace.
Property Size1,760 SF
Price / SF$144.89
Days on Market177
Property Features for 339 S Acadian Thruway
General Information
Standard status
Active
Size
1,760 SF
Total Parking Spaces
3
Property subtype
Office
Zoning
C1
Amenities
original hardwood floors
tall ceilings
gas-equipped kitchen
fenced yard
detached storage building
3 Parking Spaces
Building Details
Year Built
1953
Construction
Tudor
Listing Agency:
Kaizen Home Sales and Services, LLC
Listed By:
Wyatt Graves · License #72326
(225) 396-2215
Source:
Lacdb.resimplifi
Added: Apr 22
Changed: Oct 14
Last Checked: Oct 14 at 7:42PM
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 Kaizen Home Sales and Services, LLC
Investment Insights
Based on property information with market context.
This 1,760-square-foot Tudor-style property combines a three-bedroom, two-bath layout with flexible commercial and residential functionality. The interior includes original hardwood floors, tall ceilings, and a gas-equipped kitchen, while an upstairs flex area can accommodate office, workspace, or storage needs. C1 zoning is in place, with residential rental, short-term rental, live-work, and office use identified in the property information; buyers should verify permitted uses.
Recent improvements include a 2019 roof, 2022 exterior paint, 2023 gutter, fencing, and drainage work, plus updated HVAC systems and a new downstairs unit installed in 2024. A 368-square-foot detached structure adds separate storage or workspace, and the fenced yard provides enclosed outdoor area. The property is located in Baton Rouge’s Mid City Arts District near restaurants, festivals, and Mardi Gras routes.
Recent improvements include a 2019 roof, 2022 exterior paint, 2023 gutter, fencing, and drainage work, plus updated HVAC systems and a new downstairs unit installed in 2024. A 368-square-foot detached structure adds separate storage or workspace, and the fenced yard provides enclosed outdoor area. The property is located in Baton Rouge’s Mid City Arts District near restaurants, festivals, and Mardi Gras routes.
Key Highlights
- 1,760 SF Tudor‑style property with 3 bedrooms and 2 full baths
- C1 zoning with live‑work, office, residential rental, and short‑term rental use potential; buyer to verify
- Upstairs flex area for office, workspace, or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,834
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,680
$336.7K
Cap Rate 7%
$240,486
$240.5K
Cap Rate 9%
$187,044
$187.0K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$23.0K $13.08/SF
− Vacancy
−$576 −$0.33/SF
EGI
$22.4K $12.75/SF
− OpEx
−$5.6K −$3.19/SF
NOI
$16.8K $9.56/SF
Area
Baton Rouge, LA
Vacancy
2.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,680
Cap Rate 7%
$240,486
Cap Rate 9%
$187,044
Alternative Uses
Best Use
Office B
$240.5K
$210.4K – $280.6K
NOI $16,834 @ 7.0% cap · market cap 6.60%
Second Best
Mixed Use
$235.3K
$205.9K – $274.6K
NOI $16,474 @ 7.0% cap · market cap 6.46%
Theoretical Best
Specialty Retail
$421.5K
$368.8K – $491.8K
NOI $29,505 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,693
Businesses Nearby
Explore this area
Business Placement
Demographics for 70806, LA
27,898
Population
14,972
Households
1.9
Avg Household Size
37
Median Age
40%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
3,135
Density / Sq Mi
$53,430
Median Household Income
$41,894
Median Earnings
$1,014
Median Rent
$321,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Live-work space - Tudor-style building with residential layout, flexible upstairs space, updated systems, and a detached structure for storage or workspace.
Where is this live-work space located?
The property is located at 339 S Acadian Thruway Baton Rouge, LA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 1,760 SF Tudor‑style property with 3 bedrooms and 2 full baths; C1 zoning with live‑work, office, residential rental, and short‑term rental use potential; buyer to verify; Upstairs flex area for office, workspace, or storage
