Technical
Financial
Distress signals
Property profile

842 Main St Baton Rouge, LA 70802

FOR SALE
Investment properties
Property ID
US36-0240956
7,800 SF 1 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,015 square foot office space, located in Baton Rouge's Central Business District at 842 and 846 Main Street, presents a unique owner-user opportunity. Recently renovated in 2022, this Class C building boasts a desirable location, just one block from the interstate and within walking distance of the Federal Courthouse, numerous restaurants, and the Government Complex. The property features two units, totaling 4,015 square feet, with on-site parking accessible from both the front and rear. The main building, 846 Main Street (1,984 SF), offers four private offices, two restrooms, a large bullpen area, a glass conference room, and a break room. Currently, one unit is leased until December 31, 2025, providing immediate income potential for an owner-occupant. This property is ideally suited for legal, government service, or non-profit organizations seeking a prominent downtown location. The property is zoned C-2 and includes one story in a single building constructed in 1980. An adjacent building, offering an additional 4,032 square feet, is also available for sale or lease. The asking price is $650,000, translating to $161.89 per square foot. This is a rare chance to acquire a well-situated, income-producing property in a thriving downtown area.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Total area 7,800 SF
Lot 1 ac (43,560 SF)
APN 154822
UPID US36-0240956

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
  • (Bike/Boat/Book/etc) Store
  • Law Firm
  • Gas Company

Location

842 Main St Baton Rouge, LA 70802
Baton Rouge metro Census 5100 BATON ROUGE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$706k
Blend (final) Blend
$520k

Owner & transaction history

since 2020
Last sale
$500,000
3 recorded transactions
2020
$500,000
2006
Price N/A
1969
Price N/A

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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