14214 Old Hammond Hwy Baton Rouge, LA 70816

This exceptional 10,000 square foot event and catering center, located at 14214 Old Hammond Hwy in Baton Rouge, Louisiana, presents a unique investment opportunity. Priced at $1,850,000 ($185/sq ft) with a 7.32% cap rate, this owner-user property sits on a 4.5-acre lot and boasts a single tenancy. The property includes two main event halls, a rustic barn, and an outdoor gazebo area with a water view, providing versatile indoor and outdoor spaces for a variety of events. Established in 2007, Ashley Manor has a proven track record of success, hosting weddings, corporate events, and social functions. The business also offers on and off-site catering services, including catering for film productions and disaster relief events through the FEMA program. Events are currently booked through 2024, ensuring immediate income generation. The property is zoned commercial and features a non-transferable off-site alcohol permit. Detailed investor information is available upon request with a signed non-disclosure agreement. This turnkey operation offers a rare opportunity to acquire a profitable, established business with significant growth potential in the thriving Baton Rouge market. The property's prime location and diverse event offerings make it an attractive investment for both seasoned and aspiring entrepreneurs.