721 Government St Baton Rouge, LA 70802

Cordova Square, a three-story, Class B office building at 721 Government Street in Baton Rouge, Louisiana, is offered for sale at $2,750,000. This 19,757 square foot building presents a compelling value-add investment opportunity, currently 56% occupied. The property boasts 63 private, gated parking spaces and benefits from high visibility frontage on Government and Spain Streets, with curbside delivery available on Government Street. Its strategic location offers exceptional access, situated just four blocks from the I-110 on/off ramp and within walking distance of the 19th JDC Clerk of Court/Court House, Baton Rouge City Court, City Hall, and the Federal Courthouse. Current tenants include established businesses such as Perry Dampf (attorneys), Janet Parker (court reporters), and Stanley Consultants (engineering). First-floor space is ideal for retail or service tenants. Vacant units are available for lease at $22.50 per square foot, full-service. Renovated in 2006, this property offers significant potential for an owner-occupant seeking an income stream or an investor looking to capitalize on a partially leased asset with strong upside potential. The building's prime location, existing tenant base, and available space create a unique opportunity for growth and long-term value appreciation. The property's features and location make it an attractive investment for both owner-occupants and investors seeking a stable income stream with potential for future expansion.