4950 Government St Baton Rouge, LA 70806-5999
Property summary
This exceptional 4,000 square foot standalone commercial property, located at 4950 Government Street in Baton Rouge, Louisiana, presents a unique investment opportunity. The building, a brick and CMU structure with metal trusses, sits on a 0.37-acre lot and benefits from ample parking on both the north and south sides, allowing for convenient access and 360-degree circulation. Currently zoned C1, this versatile property offers a multitude of potential uses, making it ideal for a variety of businesses. Its strategic location at the intersection of Government Street and South Foster Drive ensures high visibility and accessibility. The building is situated in Flood Zone X, eliminating flood insurance concerns. Previously occupied by Fred Frey Photography, the space is adaptable to a single tenant or can be easily divided into individual suites to accommodate multiple occupants. The asking price is $650,000, translating to $162.50 per square foot. This represents a compelling opportunity to acquire a well-located, versatile commercial property in a thriving Baton Rouge neighborhood. The property's size, zoning, and parking make it a highly desirable asset for both owner-occupiers and investors.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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