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    159 State St Baton Rouge, LA 70802

    Sponsored
    For Lease
    $18 SF/Yr

    2,900 SF Retail Building, Baton Rouge, LA

    Lot size:
    2,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 2,900 square foot single-tenant retail building is ideally situated near the LSU campus in Baton Rouge, Louisiana, at 159 W. State St, zip code 70802. The property's C-1 zoning makes it suitable for a variety of retail uses. The layout features a spacious, open sales floor perfect for showcasing merchandise, complemented by a convenient office area in the rear. Its prime location offers unparalleled access to a large student population, with proximity to several student apartment complexes and on-campus housing. This ensures high foot traffic and a strong potential customer base. The surrounding area boasts a vibrant mix of established businesses, including well-known national chains such as The Athlete's Foot, Chipotle, Buffalo Wild Wings, CVS, and Raising Cane's, as well as local favorites like The Chimes and The Varsity Theatre. This strategic location within walking distance of these popular establishments further enhances the property's visibility and appeal to potential tenants. The property presents a compelling investment opportunity for those seeking a thriving retail space in a high-demand area. This is a rare opportunity to acquire a well-positioned retail property in a dynamic and growing market.

    Property Features for 159 State St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,900 SF

    Unit(s) available at that property

    Space
    Size
    2,900 SF
    Rate per SF
    $18

    HighLights

    • 2,900 SF single‑tenant retail building at 159 W. State St, Baton Rouge, LA 70802 (zip code 70802).
    • C‑1 zoning allows for diverse retail uses.
    • Features open sales floor and rear office.
    • Prime LSU campus location with high foot traffic near student housing and popular businesses including national chains and local favorites.
    • Strong investment opportunity in a high‑demand area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Clutch City Cluckers Restaurant Hi Life Wonderland Tobacco Shop Coinflip Bitcoin ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1774127
    Latitude
    30.4178481

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    FAQs

    What type of property is this?
    Retail property - 2,900 SF Retail Building, Baton Rouge, LA
    Where is this retail property located?
    The property is located at 159 State St 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: 2,900 SF single-tenant retail building at 159 W. State St, Baton Rouge, LA 70802 (zip code 70802).; C-1 zoning allows for diverse retail uses.; Features open sales floor and rear office.
    Request Owner's contact information
    159 State St Baton Rouge, LA 70802
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    Baton Rouge, LA 70802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    159 State St Baton Rouge, LA 70802
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