Central Business District Office
842 & 846 Main St Baton Rouge, LA 70802
842 & 846 Main St, Baton Rouge, LA, 70802
$650,000
For Sale
$650,000
For-sale office space totaling 4,015 SF in the central business district on Main Street.
Property Size4,015 SF
Price / SF$161.89
Days on Market23
Property Features for 842 & 846 Main St
General Information
- Standard status
- Active
- Size
- 4,015 SF
- Property subtype
- Office
Listing Agency
Saurage Rotenberg Commercial Real Estate
(610) 563-9046
Listed by
Jack Herrington, CCIM · License #SALE.0995693154-ACT
Source
Sauragerotenberg
Added: Jun 24 Checked: Jul 16 at 2:14 am
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 Saurage Rotenberg Commercial Real Estate
Investment Insights
Based on property information with market context.
This offering includes 4,015 SF of office space for sale, positioned within the central business district. The property is presented as a dedicated office asset, suitable for organizations seeking a downtown-style location and an established commercial setting at 842 & 846 Main St.
The space is described in the CBD on Main St, placing it in a retail and office corridor environment where tenants and visitors often expect to find professional services. The address format indicates the office is associated with two street-front parcels, which can be helpful for operators evaluating access and entry planning.
For prospective buyers, this is a straightforward opportunity to acquire a mid-sized office property centered on an in-town Main Street address. It may fit professional firms, small to mid-size service businesses, or other office users looking to secure a dedicated footprint within the central business district. As presented, the transaction is for sale, offering a clear path for buyers who want an office configuration rather than a larger mixed-use redevelopment concept. Buyers are encouraged to review the details of the existing improvements and layout during due diligence to confirm fit for their intended occupancy and operations.
The space is described in the CBD on Main St, placing it in a retail and office corridor environment where tenants and visitors often expect to find professional services. The address format indicates the office is associated with two street-front parcels, which can be helpful for operators evaluating access and entry planning.
For prospective buyers, this is a straightforward opportunity to acquire a mid-sized office property centered on an in-town Main Street address. It may fit professional firms, small to mid-size service businesses, or other office users looking to secure a dedicated footprint within the central business district. As presented, the transaction is for sale, offering a clear path for buyers who want an office configuration rather than a larger mixed-use redevelopment concept. Buyers are encouraged to review the details of the existing improvements and layout during due diligence to confirm fit for their intended occupancy and operations.
Key Highlights
- 4,015 SF office space for sale
- Located in the CBD on Main St.
Local Financial Insights For Office B
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 | $52.5k | $13.08 |
| − Vacancy | −$1.3k | −$0.33 |
| EGI | $51.2k | $12.75 |
| − OpEx | −$12.8k | −$3.19 |
| NOI | $38.4k | $9.56 |
4,015 SF · lease $13.08/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$548.6K
$480.0K – $640.0K
NOI $38,402 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$961.6K
$841.4K – $1.12M
NOI $67,309 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
MVP Sport Art ...
(Bike/Boat/Book/etc) Store
Doran & Cawthorne, P.L.L.C
Law Firm
Pentagon Petroleum Inc
Gas Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - For-sale office space totaling 4,015 SF in the central business district on Main Street.
Where is this office units located?
The property is located at 842 & 846 Main St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4,015 SF office space for sale; Located in the CBD on Main St.
