244 Lafayette St Baton Rouge, LA 70801-1204
- Investment properties
- 12,900 SF
- 1.00 lot acres
Current Use by Public Records
- Baton Rouge Heating & Air Conditioning / Air Conditioning Contractor
Property Details for 244 Lafayette St
- Lot size
- 1.00 lot acres
- Property size
- 12,900 SF
- Property type
- Investment properties
- Property subtype
- Retail residential 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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baton Rouge
- County
- East Baton Rouge
- State
- Louisiana
- Longitude
- -91.1891
- Latitude
- 30.4489
- CBSA code
- 12940
- CBSA name
- BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
