0 2008 & 1952 St Baton Rouge, LA 70802
This exceptional 1.87-acre redevelopment opportunity in Baton Rouge's Mid-City is located within a designated Opportunity Zone. The property boasts two existing buildings totaling 6,800 square feet, including the historic Chris's Bar, known for its role in the filming of "Pitch Perfect" and featuring a 2,800 square foot bar area with a mezzanine and antique tin ceilings. A second building offers approximately 4,000 square feet of industrial warehouse space, plus a one-bedroom loft apartment. The site also includes a vacant, commercially zoned lot (120' x 240') with high visibility on Main Street and Scenic Highway, offering significant frontage on both streets. The property comprises seven lots zoned C-2 and CAB-2, situated in Flood Zone X, and benefits from convenient access to I-10 and I-110, Downtown Baton Rouge, Spanish Town, and the Garden District. The existing buildings, constructed in 1880, offer a unique blend of historic charm and redevelopment potential. The property's ample green space, featuring mature landscaping, presents opportunities for creative outdoor uses, such as a beer garden or courtyard. The substantial lot size and strategic location make this an ideal investment for a variety of mixed-use projects. The asking price is $1,070,880, with a price per square foot of $157.48. Adjacent properties are also available for potential expansion. The property's address is 2008 & 1952 North St., Baton Rouge, LA 70802. The APN is 000-1174-6.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.