Office Space
232 Lafayette Street Baton Rouge, LA 70801
Details & Description
Price: $1,250,000
    DescriptionThis historic building is the perfect template for a mixed-use redevelopment with rich character. Located on a very busy block of Downtown Baton Rouge, across from the Hilton Downtown and Hotel Indigo, this property is perfectly positioned to attract both vehicle and foot traffic. The property is currently in shell condition and sits on a ±0.19 acre lot. Located one block from the Mississippi River and one block from popular 3rd street, the property is easily within walking distance of many downtown attractions.The property is located in an Opportunity Zone, qualifies for the State Historic Tax Credit Program, and is eligible to apply for the Federal Historic Tax Credit Program.Highlights±14,268 SF of Shell SpaceRich character and classic designConstructed c. 1923Located in heavily trafficked section of DowntownQualifies for multiple tax credit programs
    Property ID:    203818
    Property URL: melqr.com/203818
    Generated:    05-10-24
    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.
    Office Space / Louisiana / Baton Rouge / 70801 / 232 Lafayette Street

    232 Lafayette Street

    Baton Rouge, LA 70801

    Listing ID: 203818
    Print Single-Page Version
    232 Lafayette Street Baton Rouge, LA 70801 | for Sale | Photo 1
    Building Size: 14,268 SF
    Lot Size: 0.190 AC
    Land Size: 8,276 SF
    Building $/SF: $87.61
    Land $/SF: $151.04
    Price
    $1,250,000
    Description

    Description

    This historic building is the perfect template for a mixed-use redevelopment with rich character. Located on a very busy block of Downtown Baton Rouge, across from the Hilton Downtown and Hotel Indigo, this property is perfectly positioned to attract both vehicle and foot traffic. The property is currently in shell condition and sits on a ±0.19 acre lot. Located one block from the Mississippi River and one block from popular 3rd street, the property is easily within walking distance of many downtown attractions.

    The property is located in an Opportunity Zone, qualifies for the State Historic Tax Credit Program, and is eligible to apply for the Federal Historic Tax Credit Program.

    Highlights

    ±14,268 SF of Shell Space

    Rich character and classic design

    Constructed c. 1923

    Located in heavily trafficked section of Downtown

    Qualifies for multiple tax credit programs

    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

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    Baton Rouge Area Market Trends

    Listing Demographics for 232 Lafayette Street Baton Rouge, LA 70801

    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 Population6,37557,616135,561
    Population Median Age403735
    Population by Age0-9 Yrs639 (10%)5587 (9%)15332 (11%)
    10-19 Yrs517 (8%)8804 (15%)20006 (14%)
    20-29 Yrs1215 (19%)12398 (21%)32285 (23%)
    30-39 Yrs1080 (16%)7358 (12%)16818 (12%)
    40-49 Yrs771 (12%)5785 (10%)12901 (9%)
    50-59 Yrs646 (10%)6565 (11%)14200 (10%)
    60-69 Yrs957 (15%)6441 (11%)13485 (9%)
    70+ Yrs550 (8%)4677 (8%)10533 (7%)
    Median HH Income$36,116$37,601$36,746
    Total Household Income< 24K1242 (39%)8273 (37%)19415 (37%)
    25-49K626 (19%)4842 (21%)11477 (22%)
    50-74K451 (14%)3243 (14%)7046 (13%)
    75-99K279 (8%)1809 (8%)3924 (7%)
    100-199K395 (12%)2826 (12%)7038 (13%)
    200K+141 (4%)1055 (4%)2850 (5%)
    Highest Education LevelNo Diploma686576812136
    Diploma or GED11821009522115
    Some College956670415659
    Assoc. Degree35615623237
    Bachelors Degree903693115270
    Higher Degree599458911320
    Total Housing Units3,81828,06165,409
    --Owner-Occupied1,01510,18422,362
    --Renter-Occupied2,11911,86429,387
    Owner-Occupied Values< 100K23736347243
    100-199K37723185384
    200-299K27620604180
    300-399K799862140
    400-499K184011193
    500K+297862222
    Total Working Age Population5,47949,153112,243
    In Work Force3,49830,69270,047
    Not In Work Force1,98218,46242,196
    Workforce Employed3,12426,99862,846
    Workforce Unemployed3693,6677,096
    Civlian Workforce3,49330,66569,942
    Military Workforce427104
    Total Households3,13422,04851,749
    Family Households1,04710,42925,373
    Non-Family Households2,08711,61926,377
    Married Couple6025,43013,507
    Other Family4454,99811,866
    Married w/Child1381,5544,574
    Single Male w/Child36233740
    Single Female w/Child1931,8284,939

    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 232 Lafayette Street in Baton Rouge?
    The asking price for 232 Lafayette Street is $1,250,000
    What is the building size of this Office property in Baton Rouge, LA?
    The size of the building/unit at 232 Lafayette Street in Baton Rouge is 14,268 square feet
    How much land does the Baton Rouge, LA property at 232 Lafayette Street include?
    232 Lafayette Street in Baton Rouge includes 0.190 acres of land
    What kind of Office is the propery at 232 Lafayette Street?
    The property at 232 Lafayette Street Baton Rouge, LA 70801 is listed as a Professional Office property
    What is the population within 1 mile of 232 Lafayette Street in Baton Rouge?
    The population within 1 mile of 232 Lafayette Street Baton Rouge, LA 70801 is 6,375 people.
    Who do I contact for questions about 232 Lafayette Street?
    You should contact the listing agent, Mark Segalla, for any details regarding this commercial listing.

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    525 Florida Street, Baton Rouge, LA $4,799,000 30720 0.56
    654 Main Street, Baton Rouge, LA $1,790,000 29056 0.25
    624 Saint Ferdinand Street, Baton Rouge, LA $185,000 1708 0.09
    725 Main Street, Baton Rouge, LA $2,600,000 11700 1.08
    321 Saint Joseph Street, Baton Rouge, LA $540,050 2833 0.19
    721 Government Street, Baton Rouge, LA $3,000,000 19713 0.9

    Closest Commercial Airports

    Airport Distance (mi)
    Lafayette Regional Airport (LFT) 51
    Louis Armstrong New Orleans International Airport (MSY) 64
    Gulfport Biloxi International Airport (GPT) 126
    Price
    $1,250,000
    Listing Agent
    Mark Segalla - CRE Agent at

    Mark Segalla

    Elfin New Orleans

    VIEW AGENT PROFILE

    CONTACT AGENT

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