Property profile

1201 Main St Baton Rouge, LA 70802

FOR LEASE
Office buildings
Property ID
US36-0597433
23,407 SF 0.87 ac lot Built 1927
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1201 Main St, Baton Rouge, LA 70802 For Lease
Contact for pricing 7,833 SF available
1201 Main St, Baton Rouge, LA 70802
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 23,407 square foot, two-story office and warehouse building situated on a 0.87-acre lot in Baton Rouge, Louisiana. Located at 1201 Main Street, this Class B property boasts a unique combination of office and warehouse space, totaling 16,984 square feet of office and 6,423 square feet of warehouse space. Completely renovated in 2007, the building features a flexible floor plan ideal for both individual offices and collaborative work areas. The property is currently 65% occupied under a gross lease, offering existing income with significant value-add potential. Conveniently located near the Baton Rouge Central Business District, this multi-tenant building offers easy access to downtown and Mid-City. The property includes private parking in adjacent lots. Built in 1927, the building is zoned C-2 and features two stories. The asking price is $1,495,000, with a price per square foot of $63.87 and a land value of $79.04 per square foot. This is a rare opportunity to acquire a unique office/warehouse building in a prime Baton Rouge location.

Property profile

Verified
Property type Office buildings
Year built 1927
Total area 23,407 SF
Lot 0.87 ac (37,897 SF)
UPID US36-0597433

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineering Consultant Environmental Consultant

Location

1201 Main St Baton Rouge, LA 70802
Baton Rouge metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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