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9Th St Baton Rouge, LA 70802

Sponsored
For Sale
$1,250,000

Prime location, high-return potential.

Property size:
8,047 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a portfolio of two Class A office buildings totaling 8,047 square feet in downtown Baton Rouge, Louisiana. The property, situated at the corner of Main Street and 9th Street, offers convenient access to the Capitol and courthouses. The portfolio comprises four units across two buildings, each renovated in 2022, and includes private off-street parking. Currently 50% occupied, this presents a significant owner-user opportunity. One unit at 842 Main Street (2,013 sq ft) is leased through December 2025. Another unit at 846 Main Street (1,984 sq ft) is available and features four private offices, two restrooms, a large bullpen, a glass conference room, reception/waiting area, and a kitchenette. A third unit at 854 Main Street (1,950 sq ft) is also available and includes eight private offices, a reception/waiting area, and large IT/file storage/printer rooms. Finally, a 2,082 sq ft unit on N. 9th Street is currently leased month-to-month. The asking price is $1,250,000, with a price per square foot of $155.34. This is a multi-tenant property with a modified lease type. The property features one story buildings and has a total of four units. The APN is 001-5482-2. This portfolio offers a blend of immediate income and potential for significant future growth.

Property Features for 0 9Th St

General Information

Property type
Office space
Square Feet
8,047 SF
Class
A

Building Details

Year Renovated
2022
Buildings
2
Stories
1
Units
4

Property Profile Location Intelligence

Current Use by Public Records

Office space

Map

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Longitude
-91.18100924895
Latitude
30.451641672044

FAQs

What type of property is this?
Office space - Prime location, high-return potential.
Where is this office space located?
The property is located at 9Th St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,250,000.
More about this property
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