Property summary
This exceptional 42,315 square foot multi-tenant property at 1400 Main Street, Baton Rouge, LA 70802, presents a compelling investment opportunity for owner-users and investors alike. The property, a historic 104-year-old warehouse, seamlessly blends classic industrial charm with robust construction. Currently 76% occupied, it generates consistent rental income from multiple tenants, including the Capital Area Corporate Recycling Council. The vacant space offers significant potential for increased revenue. This versatile property is ideally suited for industrial, manufacturing, or distribution uses, offering ample space for a variety of businesses. Located in the downtown development district and within 0.33 miles of I-110 and the city center, this prime location offers excellent accessibility. The property sits on a 1.14-acre lot and features two stories within a single building. Significant improvements, including a $125,000 roof replacement, were completed in 2006. The property is zoned M-1 (Light Industrial) and boasts an asking price of $1,359,000, translating to $32.12 per square foot. The property's APN numbers are 34932, 34940, 34959, 35009, 34991, 34975, 34983, and 34967. This is an opportunity zone designation property.
Property profile
VerifiedCap rate & NOI
Current use
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Recycling Center Waste Management Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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