Property profile

618 Main St Baton Rouge, LA 70801

FOR SALE
Investment properties
Property ID
US36-0598222
18,110 SF 1 ac lot
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class A executive office building at 618 Main Street in historic downtown Baton Rouge offers two available suites totaling 5,226 square feet of vacant space. The building boasts a total of 16,492 square feet and features suites ranging from a minimum of 1,139 square feet to a maximum contiguous space of 4,087 square feet. Suite 1 is conveniently located on the first floor, while Suite 3 is situated on the second floor. A dedicated parking lot, accessible from both 6th and 7th Streets, provides ample parking for tenants and their guests. The building's common areas include a welcoming reception/waiting room and a well-equipped gym with showers, enhancing the tenant experience. This prime location offers unparalleled convenience, with easy access to major transportation arteries: approximately one minute to I-110 and approximately two minutes to both I-10 East and West. The building's historic charm and modern amenities create a unique and desirable workspace in the heart of Baton Rouge's vibrant downtown area. The property is located in East Baton Rouge Parish. This is a multiple tenancy building with only two suites.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Total area 18,110 SF
Lot 1 ac (43,560 SF)
APN 27421
UPID US36-0598222

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Law Firm
  • Architect
  • Law Firm

Location

618 Main St Baton Rouge, LA 70801
Baton Rouge metro Census 5100 BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.47M

Owner & transaction history

1 recorded transaction
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message