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    545 Foster Dr Baton Rouge, LA 70806

    Sponsored
    For Sale
    $1,150,000

    Baton Rouge restaurant, live/work opportunity.

    Property size:
    3,857 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Baton Rouge property presents a unique live/work opportunity in the vibrant Mid City area. The offering encompasses two buildings totaling 3,857 square feet on a 0.24-acre lot (APN: 005-8370-7). The main structure is a two-story, 1,782 square foot retail/commercial building, currently operating as a restaurant, with additional first and second-story porches. The building is zoned primarily C1, but also benefits from a 'spot zoning' designation of C-AB-1. A separate, modernly remodeled two-bedroom, two-bathroom residence is included, featuring an open floor plan, high-end finishes, and front and rear porches. This live/work space offers ample off-street parking. The net rentable area is 3,143 square feet, with an asking price of $1,150,000 ($298.16 per square foot). The current restaurant owner will relocate upon sale, presenting a blank canvas for a new business venture. This property is truly unparalleled in Mid City, offering a rare blend of commercial and residential space in a highly desirable location at 545 S Foster Dr, Baton Rouge, LA 70806.

    Property Features for 545 Foster Dr

    General Information

    Property type
    Restaurants
    Square Feet
    3,857 SF
    Lot Size
    10,454 SF

    Building Details

    Buildings
    2
    Stories
    2

    HighLights

    • $1,150,000 asking price for a 3,857 SF retail property.
    • Free‑standing restaurant building with a live/work opportunity.
    • Features two buildings totaling 3,857 square feet, with 3,143 square feet of net rentable space.
    • Located on a 0.24‑acre lot in Baton Rouge, LA, at 545 S Foster Dr, 70806.
    • Zoned C1 & C‑AB‑1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Abat Jour Interiors ... Interior Designer Abat Jour Interior Decorator Chandeliers and Minivans Entertainer

    Suggested Use

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

    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
    -91.13840873
    Latitude
    30.44390909

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    FAQs

    What type of property is this?
    Restaurant - Baton Rouge restaurant, live/work opportunity.
    Where is this restaurant located?
    The property is located at 545 Foster Dr Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: $1,150,000 asking price for a 3,857 SF retail property.; Free-standing restaurant building with a live/work opportunity.; Features two buildings totaling 3,857 square feet, with 3,143 square feet of net rentable space.
    Request Owner's contact information
    545 Foster Dr Baton Rouge, LA 70806
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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
    545 Foster Dr Baton Rouge, LA 70806
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