431 3Rd St Baton Rouge, LA 70802
- Retail properties
- 2,034 SF
- 0.05 lot acres
Current Use by Public Records
- Retail properties
Property Details for 431 3Rd St
- Lot size
- 0.05 lot acres
- Property size
- 2,034 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 2,034-square-foot retail space, located at 431 N 3rd St in Baton Rouge, Louisiana, presents a unique investment opportunity. Previously home to On the River Events for a decade, this property boasts a fully equipped commercial kitchen and has recently undergone significant renovations. Improvements include a completely repaired roof, new ceiling tiles where needed, sheetrock repairs, fresh paint throughout the space and kitchen floor, and new bathroom vents. The property sits on a 0.05-acre lot and is zoned C5, offering flexibility for various uses. The asking price is $549,000, translating to $269.91 per square foot. The building consists of one unit within a single building, currently vacant and ready for immediate occupancy. This prime downtown Baton Rouge location offers high visibility and accessibility, making it ideal for a thriving bar or restaurant. The seller may also consider lease options for a qualified tenant. This is a turnkey opportunity to establish a successful business in a vibrant and growing area. The property's recent upgrades minimize upfront capital expenditures, allowing for a quicker return on investment. Don't miss this chance to own a piece of downtown Baton Rouge's thriving culinary scene.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge Parish
- State
- Louisiana
- Longitude
- -91.1886
- Latitude
- 30.4508
