1440 Government St Baton Rouge, LA 70802
- Warehouses
- 27,500 SF
- 1.61 lot acres
Current Use by Public Records
- Valley House Market / Grocery Store
- Frost Woodworks / Cabinet Maker
Property Details for 1440 Government St
- Lot size
- 1.61 lot acres
- Property size
- 27,500 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 1.61-acre property at 1440 Government St, Baton Rouge, LA 70802, presents a remarkable redevelopment opportunity in the thriving Mid-City neighborhood. The site boasts a 27,500 square foot building featuring a historic Chicago brick storefront and a second-story wooden interior, complemented by two industrial sections with approximately 18-foot eaves, overhead doors, and concrete block construction. The existing structure offers versatile space, ideal for a showroom or retail storefront facing Government Street, with warehouse or inventory space located at the rear. Further potential exists for a rooftop recreational area and the utilization of a historic basement for secure parking. This property is zoned C-AB-2, LC2, and M1, allowing for a variety of uses. The location within an Opportunity Zone makes it eligible for Historic Tax Credits, adding significant financial incentives. The asking price is $1,950,000 ($70.91/sq ft). Significant recent investments in the area, including an $11.7 million infrastructure project, further enhance the property's value and potential. The property includes multiple APNs: 167614, 167673, 167681, 167630, 167649, 167657, 167665, 144363, 96792, 22721, 88277, 167711, 22713, 167738, 167746, 165832, 165832, 144487, 144479, 144460, 144452. This is a prime location for multi-tenant retail, industrial, or multifamily development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -91.1744
- Latitude
- 30.4437
