431 3Rd StBaton Rouge, LA 70802

Property Details for 431 3Rd St

Lot size

0.05 AC

Property size (Sq ft)

2,034 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional 2,034-square-foot retail space, located at 431 N 3rd St in Baton Rouge, Louisiana, presents a unique investment opportunity. Previously home to On the River Events for a decade, this property boasts a fully equipped commercial kitchen and has recently undergone significant renovations. Improvements include a completely repaired roof, new ceiling tiles where needed, sheetrock repairs, fresh paint throughout the space and kitchen floor, and new bathroom vents. The property sits on a 0.05-acre lot and is zoned C5, offering flexibility for various uses. The asking price is $549,000, translating to $269.91 per square foot. The building consists of one unit within a single building, currently vacant and ready for immediate occupancy. This prime downtown Baton Rouge location offers high visibility and accessibility, making it ideal for a thriving bar or restaurant. The seller may also consider lease options for a qualified tenant. This is a turnkey opportunity to establish a successful business in a vibrant and growing area. The property's recent upgrades minimize upfront capital expenditures, allowing for a quicker return on investment. Don't miss this chance to own a piece of downtown Baton Rouge's thriving culinary scene.

Location Insight

City

Baton Rouge

County

East Baton Rouge Parish

State

Louisiana

Latitude

30.4508

Longitude

-91.1886

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