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Two-Story Office Redevelopment Opportunity
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1328 North St, Baton Rouge, LA 70802

Two-story office building suitable for redevelopment with tax credits.

Property Size7,500 SF
Price / SF$76.67
Days on Market2385

Property Features for 1328 North St

General Information

Standard status Active
Size 7,500 SF
Class C
Property subtype Office, Mixed Use
Zoning C-2
Investment Type Owner/User

Building Details

Stories 2
Tenancy Single
Listing Agency: Lee & Associates Louisiana
Listed By: Evan Scroggs, SIOR, CCIM · License #BROK.995712516-ACT
Source: Crexi
Added: Feb 16, 2020 Changed: Aug 27 Last Checked: Aug 23 at 8:21PM

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 Lee & Associates Louisiana

Investment Insights

Based on property information with market context.

A two-story office building with access from both North Street and Main Street is available for purchase. The property could serve as an office building or a redevelopment opportunity, benefiting from multiple tax credits. It is situated on a large lot that will undergo resubdivision and assimilation. Ample parking space is available. The property is located in an opportunity zone. Additionally, it can be acquired together with the adjacent property at 1201 Main Street. The building has a size of 7500 square feet.

Key Highlights

  • Redevelopment potential with multiple tax credits available.
  • Located in an opportunity zone.
  • Large lot with ample parking space.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Home Appliance Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,503
Businesses Nearby

Demographics for 70802, LA

26,519
Population
13,887
Households
1.9
Avg Household Size
29
Median Age
24%
College-Educated
82%
High-School Grad
7.1 sq mi
ZIP Area
3,735
Density / Sq Mi
$34,082
Median Household Income
$23,215
Median Earnings
$935
Median Rent
$105,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building suitable for redevelopment with tax credits.
Where is this office building located?
The property is located at 1328 North St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Redevelopment potential with **multiple tax credits available**.; Located in an **opportunity zone**.; Large lot with ample parking space.
(225) 241-8616 Call to check price and availability
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