5186 Evangeline StBaton Rouge, LA 70805

Property Details for 5186 Evangeline St

Property type

Investment properties

Property subtype

Retail residential properties

APN

216992

APU

216992

Description

This exceptional investment opportunity presents a 16,300-square-foot former Save-A-Lot grocery store located at 5186 Evangeline St, Baton Rouge, LA 70805. The asking price of $875,000 is significantly below replacement cost, offering immediate value to the buyer. This single-tenant building is ready for immediate occupancy, boasting high-quality brick construction and excellent street frontage for optimal visibility and convenient access. Situated on a one-acre-plus lot, the property provides ample parking and potential outdoor storage space. The versatile improvements are adaptable to a wide range of service or fleet commercial operations. The C1/B1 zoning (Flood Zone X) allows for diverse commercial uses. Built in 1970, this property offers a solid foundation for a variety of businesses. The price per square foot is $53.68. This is a prime location in East Baton Rouge Parish, offering significant potential for a savvy investor. The property consists of one building.

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.493

Longitude

-91.1393

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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