Industrial•Warehouse/Distribution•For Sale

Opportunity Zone Historic Office Warehouse in Mid City

1400 Main Street, Baton Rouge, Louisiana 70802

Sale Price $1,750,000
Zoning M-1 / Light Industrial
Bldg Type Multi-Tenant
Status Existing
Stories 2
Cap Rate 4.49%
Vacancy 100%
Gross Bldg 42,315 SqFt
Land Area 1.14 Acres
Net Op Inc $78,601
This historic, multi-tenant, office/warehouse lies within the Downtown Development District of Baton Rouge. The property presents a great opportunity for redevelopment in Mid-City while earning rental income in the meantime. Current tenants include Capital Area Corporate Recycling Council and Benchworks, LLC, a millworks shop. Located between Main and Laurel St, bordered by 14th St.
  • Opportunity Zone Designation
  • Located in the Downtown Development District
  • Historic, 101-year-old Warehouse
  • Fully Leased
  • $125,000 spent on roof replacement and other improvements in 2006
  • 0.33 Miles from I-110 & Downtown
4/17/2019 1:45:25 PM 5/22/2019 6:06:26 PM

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