854 Main St, Baton Rouge, LA 70802
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.