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    555 Lafayette St Baton Rouge, LA 70802

    Sponsored
    For Lease
    $24 SF/Yr ($7,300 /Mo)

    Prime location, 3650 sq ft, Class A retail.

    Lot size:
    3,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,650-square-foot Class A restaurant space is available for lease in downtown Baton Rouge, Louisiana. Located on the northeast corner of the prestigious IBM Building at the intersection of Lafayette Street and North Street, this single-tenant property boasts a highly desirable location adjacent to the 525 Lafayette Luxury Apartments. The space features a spacious dining area capable of seating approximately 130 patrons, a substantial 1,278-square-foot kitchen and service area, a walk-in cooler, and a first-class bar with attractive street-side views. Large windows and a bright, inviting color scheme create an elegant and upscale dining atmosphere. The property's zoning is C5, and its APN is 29262 in East Baton Rouge County. This first-floor corner suite benefits from high visibility and easy access, perfectly positioned to attract a large daytime clientele from nearby State agencies and the surrounding residential community. The net-net-net (NNN) lease rate is $4 per square foot. This is a truly unique opportunity to establish a thriving restaurant in one of Baton Rouge's most sought-after locations. The address is 555 Lafayette St, Baton Rouge, LA 70802.

    Property Features for 555 Lafayette St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,650 SF
    Class
    A
    Total Rate
    7300

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,650 SF
    Rate per SF
    $24

    HighLights

    • High‑profile ground floor corner suite in the IBM Building.
    • 1,278 square foot space including existing kitchen with vent hood and walk‑in cooler/freezer.
    • Excellent daytime pedestrian traffic.
    • Capacity for roughly 130 occupants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    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
    -91.1785016
    Latitude
    30.4362298

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    FAQs

    What type of property is this?
    Restaurant - Prime location, 3650 sq ft, Class A retail.
    Where is this restaurant located?
    The property is located at 555 Lafayette St Baton Rouge, LA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: High-profile ground floor corner suite in the IBM Building.; 1,278 square foot space including existing kitchen with vent hood and walk-in cooler/freezer.; Excellent daytime pedestrian traffic.
    Request Owner's contact information
    555 Lafayette 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
    555 Lafayette St Baton Rouge, LA 70802
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