• 654 Main St, Baton Rouge, LA 70801

For Sale

Office

For Sale

This property is available for sale
0.25
Acres
$1,790,000
Sale Price
  • Year Built
    1920
  • Total Building Size
    29,056 RSF
  • Overview

    Located at the signalized hard corner of Main St and N 7th St in Downtown Baton Rouge. This redevelopment opportunity consists of a vacant, three story office building totaling ±29,056 SF. Strategically positioned in Downtown Baton Rouge, 1,000 feet from I-110, the property provides an opportunity to acquire a commercial asset at a significant discount with tremendous value add opportunities. Stabilizing and/or redeveloping the property will allow the new owner to enjoy an increased cash-flow stream and significant capital appreciation upon future disposition. The Building at 654 Main Street has two elevators and the first 2 floors are currently in shell condition and ready for redevelopment, with the 3rd floor ready for immediate occupancy. The Property features frontage on Main St and N 7th St offering prime signage opportunities. This Building and its tenants benefit from 32 dedicated parking spaces with additional surface parking is available at the corner of Main St and N 8th St. The property is part of the Main Street Historic District which is the largest cohesive grouping of historic buildings remaining in the city, and is also located in a Federal Opportunity Zone and would be able to take advantage of the New Markets Tax Credit. The adjacent property at the hard corner of Main St and N 7th St is also available. 668 Main Street, listed separately.

Contact or Call

For Lease

Office

654 Main St

Available now!
9,685 - 29,056
Square feet
$11,218 - $33,656
Per month
  • Divisible to
    9,685 sq. ft.
  • Time on Market
    almost 4 years
  • Space ID
    1864454
  • Presented By
    Elifin Realty
    Mathew J Laborde
Contact or Call

Property Details

Main Street Office Building in Opportunity Zone

Located at the signalized hard corner of Main St and N 7th St in Downtown Baton Rouge. This redevelopment opportunity consists of a vacant, three story office building totaling ±29,056 SF. Strategically positioned in Downtown Baton Rouge, 1,000 feet from I-110, the property provides an opportunity to acquire a commercial asset at a significant discount with tremendous value add opportunities. Stabilizing and/or redeveloping the property will allow the new owner to enjoy an increased cash-flow stream and significant capital appreciation upon future disposition. The Building at 654 Main Street has two elevators and the first 2 floors are currently in shell condition and ready for redevelopment, with the 3rd floor ready for immediate occupancy. The Property features frontage on Main St and N 7th St offering prime signage opportunities. This Building and its tenants benefit from 32 dedicated parking spaces with additional surface parking is available at the corner of Main St and N 8th St. The property is part of the Main Street Historic District which is the largest cohesive grouping of historic buildings remaining in the city, and is also located in a Federal Opportunity Zone and would be able to take advantage of the New Markets Tax Credit. The adjacent property at the hard corner of Main St and N 7th St is also available. 668 Main Street, listed separately.

  • Property Type
    Office
  • Submarket
  • Year Built
    1920
  • Sale Price
    $1,790,000
  • Total Building Size
    29,056RSF
  • Total Acres
    0.25
  • Total Available
    29,056RSF
  • Number of Floors
    3
  • Largest Contiguous
    29,056RSF
  • Number of Buildings
    1
  • Building Class
    B
  • Zoning
    C-5
  • Sale Status
    Available
  • Property ID
    1318622

Landlord's Leasing/Sales Representatives

  • Mathew J Laborde
    Elifin Realty
     
  • George Bonvillain