Office Space - For Sale
232 Lafayette Street Baton Rouge, LA 70801
Details & Description
Price: $1,250,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.190
  • Building Sq Ft 14,268
  • Building Price per Sq Ft $87.61
  • Land Sq Ft 8,276
  • Land Price per Sq Ft $151.04
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
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.

232 Lafayette Street

Baton Rouge, LA 70801

Listing ID: 203818
$1,250,000
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.190
  • Building Sq Ft 14,268
  • Building Price per Sq Ft $87.61
  • Land Sq Ft 8,276
  • Land Price per Sq Ft $151.04
232 Lafayette Street Baton Rouge, LA 70801 | for Sale | Photo 1
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.

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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
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