1440 Government St Baton Rouge, LA 70802
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.
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Valley House Market Grocery & Convenience Store Food Market
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Frost Woodworks General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
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