1440 Government St Baton Rouge, LA 70802

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.