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    OFF-MARKET
    Office Spaces

    854 Main St, Baton Rouge, LA 70802

    4,032 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class B office building, located at 854 Main St, Baton Rouge, LA 70802, presents a lucrative investment opportunity. Boasting 4,032 square feet across a single story, this property features two units, currently 33% occupied, with one tenant vacating soon. A recent 2022 renovation ensures modern amenities. The building offers convenient off-street parking, a significant advantage in the bustling downtown area. Its prime location at the corner of Main and 9th Streets provides excellent access to Baton Rouge's central business district, including the Capitol and courthouses. The soon-to-be-available suite comprises eight offices, a reception area, dedicated IT/printer/file storage rooms, and shared restrooms and a breakroom. The asking price is $650,000, translating to $161.21 per square foot. This represents a strong value proposition for investors seeking a well-maintained, centrally located office building with significant upside potential in a thriving Louisiana market. The property's strategic location and recent renovations make it an ideal investment for both short-term and long-term growth. The building's current occupancy provides immediate cash flow, while the soon-to-be-available space offers the opportunity to increase rental income significantly.

    Property profile
    Verified
    Property type Office Spaces
    Total area 4,032 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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