Office Space
1967 North Street Baton Rouge, LA 70802
Details & Description
Price: $1,400,000
    DescriptionThis 1.68 acre lot presents a unique opportunity for redevelopment in Mid City. The property is in a government-designated Opportunity Zone and sits along the north-side of North Street and between N 19th Street and N 20th Street. Currently being used as a veteran's outreach center, the property features two large buildings totaling 27,721 SF and a parking lot with +/- 47 spaces. A feasibility study for redevelopment into multifamily has been completed for the property.The adjacent block, located at 2029 North Street, and a full block northeast of the property are also for sale. All three properties are inside of an Opportunity Zone and provide an exceptional redevelopment opportunity for potential investors. Take advantage of this rare chance to purchase three blocks of coveted real estate in Mid City.HighlightsOpportunity Zone Property1.68 Acres / 27,721 SF0.7 Miles From Downtown0.29 Miles From I-110Adjacent 2 Blocks Also For Sale
    Listing Agents
    Mark Segalla

    O: 225-659-8656
    M: 225-505-4349
    msegalla@elifinrealty.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1967 North Street

    Baton Rouge, LA 70802

    Listing ID: 203808
    1967 North Street Baton Rouge, LA 70802 | for Sale | Photo 1
    Building Size: 27,721 SF
    Lot Size: 1.680 AC
    Land Size: 73,180 SF
    Building $/SF: $50.50
    Land $/SF: $19.13
    Price
    $1,400,000
    Description

    Description

    This 1.68 acre lot presents a unique opportunity for redevelopment in Mid City. The property is in a government-designated Opportunity Zone and sits along the north-side of North Street and between N 19th Street and N 20th Street. Currently being used as a veteran's outreach center, the property features two large buildings totaling 27,721 SF and a parking lot with +/- 47 spaces. A feasibility study for redevelopment into multifamily has been completed for the property.

    The adjacent block, located at 2029 North Street, and a full block northeast of the property are also for sale. All three properties are inside of an Opportunity Zone and provide an exceptional redevelopment opportunity for potential investors. Take advantage of this rare chance to purchase three blocks of coveted real estate in Mid City.

    Highlights

    Opportunity Zone Property

    1.68 Acres / 27,721 SF

    0.7 Miles From Downtown

    0.29 Miles From I-110

    Adjacent 2 Blocks Also For Sale

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Baton Rouge History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Baton Rouge Area Market Trends

    Listing Demographics for 1967 North Street Baton Rouge, LA 70802

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population10,53877,067161,362
    Population Median Age393636
    Population by Age0-9 Yrs1023 (9%)9034 (11%)19364 (12%)
    10-19 Yrs1089 (10%)10566 (13%)23348 (14%)
    20-29 Yrs1962 (18%)15836 (20%)35864 (22%)
    30-39 Yrs1562 (14%)10376 (13%)20411 (12%)
    40-49 Yrs1071 (10%)7968 (10%)15267 (9%)
    50-59 Yrs1598 (15%)8612 (11%)17090 (10%)
    60-69 Yrs1325 (12%)8560 (11%)16510 (10%)
    70+ Yrs909 (8%)6115 (7%)13507 (8%)
    Median HH Income$28,864$36,289$38,553
    Total Household Income< 24K1976 (46%)11300 (38%)21621 (35%)
    25-49K950 (22%)6676 (22%)13928 (22%)
    50-74K530 (12%)4191 (14%)8581 (14%)
    75-99K307 (7%)2374 (7%)4893 (8%)
    100-199K393 (9%)3766 (12%)8201 (13%)
    200K+131 (3%)1379 (4%)3463 (5%)
    Highest Education LevelNo Diploma1459771413938
    Diploma or GED24591378626885
    Some College12741010120030
    Assoc. Degree21921074045
    Bachelors Degree1153882418099
    Higher Degree779570913307
    Total Housing Units5,38237,30375,725
    --Owner-Occupied1,88613,52527,237
    --Renter-Occupied2,40116,16033,449
    Owner-Occupied Values< 100K95452198570
    100-199K34332106975
    200-299K31922465097
    300-399K13511502471
    400-499K745761335
    500K+6011242788
    Total Working Age Population9,01963,549132,079
    In Work Force5,75140,22282,448
    Not In Work Force3,26823,32649,631
    Workforce Employed5,03035,30774,005
    Workforce Unemployed7214,8988,325
    Civlian Workforce5,75140,20582,329
    Military Workforce018119
    Total Households4,28629,68560,686
    Family Households1,77014,67931,091
    Non-Family Households2,51615,00629,595
    Married Couple7537,27016,403
    Other Family1,0177,40914,688
    Married w/Child2032,2615,418
    Single Male w/Child49387957
    Single Female w/Child3272,8776,061

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Louisiana4,468,976+14,533,372+14,588,310+54,813,420
    East Baton Rouge Parish412,852+7440,171-3426,380-1421,500
    Iberville Parish33,320033,387-1727,830-1124,640
    St. Martin Parish48,583+752,160+655,520+357,000
    West Baton Rouge Parish21,601+1023,788-722,220-521,070

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1967 North Street in Baton Rouge?
    The asking price for 1967 North Street is $1,400,000
    What is the building size of this Office property in Baton Rouge, LA?
    The size of the building/unit at 1967 North Street in Baton Rouge is 27,721 square feet
    How much land does the Baton Rouge, LA property at 1967 North Street include?
    1967 North Street in Baton Rouge includes 1.680 acres of land
    What kind of Office is the propery at 1967 North Street?
    The property at 1967 North Street Baton Rouge, LA 70802 is listed as a Professional Office property
    What is the population within 1 mile of 1967 North Street in Baton Rouge?
    The population within 1 mile of 1967 North Street Baton Rouge, LA 70802 is 10,538 people.
    Who do I contact for questions about 1967 North Street?
    You should contact the listing agent, Mark Segalla, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    1328 North Street, Baton Rouge, LA $700,000 7500 1.21
    1328 North Street, Baton Rouge, LA $700,000 7500 1.21
    1201 Main Street, Baton Rouge, LA $3,100,000 23407 0.43
    2745 Florida Boulevard, Baton Rouge, LA $165,000 3250 0.22
    861 Main Street, Baton Rouge, LA CALL 16966 -
    725 Main Street, Baton Rouge, LA $2,600,000 11700 1.08
    654 Main Street, Baton Rouge, LA $1,790,000 29056 0.25
    321 Saint Joseph Street, Baton Rouge, LA $540,050 2833 0.19
    525 Florida Street, Baton Rouge, LA $4,799,000 30720 0.56
    412 North 4th Street, Baton Rouge, LA $3,150,000 28460 0.51

    Closest Commercial Airports

    Airport Distance (mi)
    Lafayette Regional Airport (LFT) 52
    Louis Armstrong New Orleans International Airport (MSY) 63
    Gulfport Biloxi International Airport (GPT) 125