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Property profile & analytics
FOR SALE
Investment properties

545 S Foster Dr Baton Rouge, LA 70806

1,914 SF 1 ac lot
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US36-2593042
Property summary
AI-generated overview

This exceptional Baton Rouge property presents a unique live/work opportunity in the vibrant Mid City area. The offering encompasses two buildings totaling 3,857 square feet on a 0.24-acre lot (APN: 005-8370-7). The main structure is a two-story, 1,782 square foot retail/commercial building, currently operating as a restaurant, with additional first and second-story porches. The building is zoned primarily C1, but also benefits from a 'spot zoning' designation of C-AB-1. A separate, modernly remodeled two-bedroom, two-bathroom residence is included, featuring an open floor plan, high-end finishes, and front and rear porches. This live/work space offers ample off-street parking. The net rentable area is 3,143 square feet, with an asking price of $1,150,000 ($298.16 per square foot). The current restaurant owner will relocate upon sale, presenting a blank canvas for a new business venture. This property is truly unparalleled in Mid City, offering a rare blend of commercial and residential space in a highly desirable location at 545 S Foster Dr, Baton Rouge, LA 70806.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Total area 1,914 SF
Lot 1 ac (43,560 SF)
APN 583707
UPID US36-2593042
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Abat Jour Interiors LLC Interior Design Home Decor Store
  • Abat Jour Interior Design Home Decor Store
  • Chandeliers and Minivans Theater & Performing Art Venue Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Abat Jour LLC · 12 yrs held
Abat Jour LLC
since 2014
2 recorded transactions
2014
$220,000
2007
$285,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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