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This beautiful building is an impressive 101-years-old and combines a classic industrial feel with a time-tested construction.
This multi-tenant office/warehouse 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.
Highlights
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
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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.
Total Population | 8,551 | 72,432 | 154,494 | |
Population Median Age | 39 | 36 | 35 | |
Population by Age | 0-9 Yrs | 843 (9%) | 8162 (11%) | 18430 (11%) |
10-19 Yrs | 735 (8%) | 10343 (14%) | 22376 (14%) | |
20-29 Yrs | 1703 (19%) | 14992 (20%) | 34977 (22%) | |
30-39 Yrs | 1408 (16%) | 9633 (13%) | 19490 (12%) | |
40-49 Yrs | 962 (11%) | 7472 (10%) | 14522 (9%) | |
50-59 Yrs | 1092 (12%) | 7934 (10%) | 16191 (10%) | |
60-69 Yrs | 1128 (13%) | 8075 (11%) | 15712 (10%) | |
70+ Yrs | 681 (7%) | 5822 (8%) | 12797 (8%) | |
Median HH Income | $27,699 | $37,080 | $38,314 | |
Total Household Income | < 24K | 1795 (47%) | 10401 (37%) | 20976 (36%) |
25-49K | 762 (20%) | 6140 (22%) | 13177 (22%) | |
50-74K | 467 (12%) | 3925 (14%) | 8228 (14%) | |
75-99K | 277 (7%) | 2264 (8%) | 4592 (7%) | |
100-199K | 338 (8%) | 3662 (13%) | 7914 (13%) | |
200K+ | 144 (3%) | 1305 (4%) | 3350 (5%) | |
Highest Education Level | No Diploma | 1292 | 7042 | 13420 |
Diploma or GED | 1714 | 12902 | 25418 | |
Some College | 1097 | 9144 | 18872 | |
Assoc. Degree | 196 | 2007 | 3760 | |
Bachelors Degree | 1038 | 8457 | 17339 | |
Higher Degree | 784 | 5492 | 12957 | |
Total Housing Units | 4,793 | 34,883 | 72,948 | |
--Owner-Occupied | 1,372 | 12,950 | 25,818 | |
--Renter-Occupied | 2,411 | 14,747 | 32,419 | |
Owner-Occupied Values | < 100K | 588 | 4947 | 8159 |
100-199K | 250 | 3008 | 6335 | |
200-299K | 277 | 2283 | 4846 | |
300-399K | 139 | 1146 | 2442 | |
400-499K | 64 | 536 | 1326 | |
500K+ | 54 | 1030 | 2709 | |
Total Working Age Population | 7,374 | 60,276 | 126,727 | |
In Work Force | 4,646 | 37,940 | 79,098 | |
Not In Work Force | 2,728 | 22,336 | 47,629 | |
Workforce Employed | 4,088 | 33,409 | 70,957 | |
Workforce Unemployed | 558 | 4,511 | 8,027 | |
Civlian Workforce | 4,646 | 37,920 | 78,985 | |
Military Workforce | 0 | 20 | 114 | |
Total Households | 3,783 | 27,697 | 58,236 | |
Family Households | 1,276 | 13,575 | 29,520 | |
Non-Family Households | 2,507 | 14,122 | 28,717 | |
Married Couple | 553 | 6,883 | 15,695 | |
Other Family | 724 | 6,692 | 13,824 | |
Married w/Child | 168 | 2,095 | 5,225 | |
Single Male w/Child | 40 | 347 | 865 | |
Single Female w/Child | 236 | 2,523 | 5,714 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Louisiana | 4,468,976 | +1 | 4,533,372 | +1 | 4,588,310 | +5 | 4,813,420 |
East Baton Rouge Parish | 412,852 | +7 | 440,171 | -3 | 426,380 | -1 | 421,500 |
Iberville Parish | 33,320 | 0 | 33,387 | -17 | 27,830 | -11 | 24,640 |
St. Martin Parish | 48,583 | +7 | 52,160 | +6 | 55,520 | +3 | 57,000 |
West Baton Rouge Parish | 21,601 | +10 | 23,788 | -7 | 22,220 | -5 | 21,070 |