232 3Rd StBaton Rouge, LA 70802

Property Details for 232 3Rd St

Property size (Sq ft)

3,969 SF

Property type

Other commercial real estate

APN

66648

APU

66648

Description

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.

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4488

Longitude

-91.188

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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