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    854 Main St Baton Rouge, LA 70802

    For Sale
    $650,000

    Prime location, high-return potential.

    Property size:
    4,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Class B office building, located at 854 Main St, Baton Rouge, LA 70802, presents a lucrative investment opportunity. Boasting 4,032 square feet across a single story, this property features two units, currently 33% occupied, with one tenant vacating soon. A recent 2022 renovation ensures modern amenities. The building offers convenient off-street parking, a significant advantage in the bustling downtown area. Its prime location at the corner of Main and 9th Streets provides excellent access to Baton Rouge's central business district, including the Capitol and courthouses. The soon-to-be-available suite comprises eight offices, a reception area, dedicated IT/printer/file storage rooms, and shared restrooms and a breakroom. The asking price is $650,000, translating to $161.21 per square foot. This represents a strong value proposition for investors seeking a well-maintained, centrally located office building with significant upside potential in a thriving Louisiana market. The property's strategic location and recent renovations make it an ideal investment for both short-term and long-term growth. The building's current occupancy provides immediate cash flow, while the soon-to-be-available space offers the opportunity to increase rental income significantly.

    Property Features for 854 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,032 SF
    Class
    B

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Class B office building, 4,032 sq ft, single‑story, located at 854 Main St, Baton Rouge, LA 70802.
    • Currently 33% occupied, with one unit soon to be vacant.
    • Recently renovated (2022) with modern amenities.
    • Features convenient off‑street parking.
    • Prime corner location at Main & 9th Streets, near Baton Rouge's CBD.
    • Vacant suite includes eight offices, reception, storage, restrooms, and breakroom.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge Parish
    State
    Louisiana
    Longitude
    -91.18100925
    Latitude
    30.45164167

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, high-return potential.
    Where is this office property / space located?
    The property is located at 854 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: Class B office building, 4,032 sq ft, single-story, located at 854 Main St, Baton Rouge, LA 70802.; Currently 33% occupied, with one unit soon to be vacant.; Recently renovated (2022) with modern amenities.
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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
    854 Main St Baton Rouge, LA 70802
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