618 Main StBaton Rouge, LA 70801

Property Details for 618 Main St

Lot size

1.00 AC

Property size (Sq ft)

18,110 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

27421

APU

27421

Description

This exceptional Class A executive office building at 618 Main Street in historic downtown Baton Rouge offers two available suites totaling 5,226 square feet of vacant space. The building boasts a total of 16,492 square feet and features suites ranging from a minimum of 1,139 square feet to a maximum contiguous space of 4,087 square feet. Suite 1 is conveniently located on the first floor, while Suite 3 is situated on the second floor. A dedicated parking lot, accessible from both 6th and 7th Streets, provides ample parking for tenants and their guests. The building's common areas include a welcoming reception/waiting room and a well-equipped gym with showers, enhancing the tenant experience. This prime location offers unparalleled convenience, with easy access to major transportation arteries: approximately one minute to I-110 and approximately two minutes to both I-10 East and West. The building's historic charm and modern amenities create a unique and desirable workspace in the heart of Baton Rouge's vibrant downtown area. The property is located in East Baton Rouge Parish. This is a multiple tenancy building with only two suites.

• CAP approach

  CAP return

  Valuation

  6%

  $3,072,146

  6.5%

  $2,835,826

  7%

  $2,633,268

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,141,243

  Geo Method

  $8,404,027

• Alternative Use

  Use

  Valuation

  Residential

  $2,835,826

  Hospitality

  $2,597,602

  Educational

  $2,161,174

  Medical

  $2,235,500

  Retail

  $3,361,826

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Latitude

30.4513

Longitude

-91.1844

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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