For Sale
$3,200,000

232 3Rd StBaton Rouge, LA 70802

Prime 3rd Street, Multi-Tenant Office & Residential

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Class A mixed-use building, located at 232 N 3rd St in Baton Rouge, Louisiana, presents a lucrative investment opportunity. The property boasts a total of 15,100 square feet and is offered at $3,200,000, translating to $230.13 per square foot. The building features a modified lease type and multi-tenancy structure. The first and second floors are currently leased to office tenants, providing immediate cash flow. Adding to its appeal, the third floor comprises four high-end residential units, each offering stunning views of downtown Baton Rouge and the Mississippi River. This prime 3rd Street location ensures high visibility and accessibility. The property's APN is 026-1613-0, and its zip code is 70802. This unique blend of office and residential spaces makes it an ideal investment for those seeking diversified income streams and strong potential for appreciation in the vibrant Baton Rouge market. The building's executive and traditional office spaces cater to a wide range of tenants, while the upscale residential units attract a discerning clientele. This is a rare opportunity to acquire a well-positioned, high-quality mixed-use property in a desirable location.

Highlights

  • $3,200,000 asking price for a Class A mixed-use building.
  • 15,100 square feet, with a price per square foot of $230.13.
  • Located at 232 N 3rd St, Baton Rouge, LA 70802 (APN 026-1613-0).
  • Mixed-use property with executive and traditional office space.
  • Modified lease type, multi-tenant occupancy.

Property Details for 232 3Rd St

Property type
Office properties, Mixed-use properties
Square Feet
15,100 SF
Class
A

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4483779
Longitude
-91.188708
232 3Rd St, Baton Rouge, Louisiana

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232 3Rd St
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