244 Lafayette StBaton Rouge, LA 70801

  • Mixed-use properties
  • 12,900 SF
For Sale
$1,110,000 View listing

Property Details for 244 Lafayette St

Lot size
1.00 AC
Property size (Sq ft)
12,900 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
2222094
APU
2222094

Description

This 4-story, 17,341 square foot mixed-use building is located at 244 Lafayette Street in the heart of downtown Baton Rouge, Louisiana. The property, zoned C5, sits on a 4,480 square foot lot with 35 feet of frontage on Lafayette Street. The building's exterior is in fair condition, while the interior is partially gutted, offering a prime redevelopment opportunity. The first floor is currently configured for restaurant use and is in average to good condition. The second, third, and fourth floors are partially gutted and in disrepair, ready for renovation. This building is connected to adjacent properties also available for purchase. The location is two blocks from the Mississippi River and five blocks from the State Capitol, surrounded by offices, restaurants, and historic sites. The asking price is $1,110,000, translating to $64.01 per square foot. This is a unique opportunity to acquire a strategically located mixed-use building in a vibrant downtown area. The property offers flexible purchasing options, allowing for acquisition of this building alone or in conjunction with adjacent properties.

244 Lafayette St, Baton Rouge, Louisiana

Location Insight

City
Baton Rouge
County
East Baton Rouge
State
Louisiana
Latitude
30.4489
Longitude
-91.1891
CBSA code
12940
CBSA name
BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,855
$7,730
$29,870
$37,600
-
$77,300
$199,133
$276,433

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