Lee & Associates Baton Rouge
Listed by Lee & Associates Louisiana, Lee & Associates Baton Rouge
$7,200,000
Former Richmond Inn & Suites
Details
Property Type Retail, Hospitality
Sub Type Hotel, Commercial
Square Footage 96,264
Class A
Year Built 1995
Year Renovated 2011
Acreage 4.600
Zoning C-AB-2
Value Add Redevelopment Play Located In The Heart of Baton Rouge
Marketing description
The property at 2683 Energy Drive in Baton Rouge, formerly operated as the Richmond Suites hotel, consists of approximately 96,229 square feet of improvements situated on a 4.6-acre site. Built in 1995 and renovated in 2011, the improvements include 145 guestrooms with an extended-stay orientation. The hotel is laid out with in-room amenities such as refrigerators, microwaves, and sinks, and features a range of on-site facilities including an outdoor pool and whirlpool, sport court, fitness center, business center, meeting rooms, laundry, and ample surface parking. The location is highly visible and accessible from Interstate 10 at the College Drive interchange, positioned within a strong retail and hospitality node that benefits from proximity to LSU and surrounding office and medical demand drivers.
The property is positioned in a premier location at the intersection of Corporate Boulevard and Energy Drive, in the heart of one of Baton Rouge’s most active business and lifestyle corridors. The property benefits from immediate access to Interstate 10 via College Drive, providing seamless connectivity across the Baton Rouge metro area and beyond. The surrounding area is home to a concentration of Class A office buildings, professional services, and national retailers, creating a strong corporate presence and daily traffic. Just minutes away, tenants and guests have access to premier shopping and dining at Market Center at CitiPlace and Towne Center at Cedar Lodge, anchored by Whole Foods and numerous national brands. The location is further enhanced by nearby residential communities such as the Cottages at Corporate and convenient proximity to healthcare, hotels, and recreational amenities, including Independence Park. Combining high visibility, excellent accessibility, and a vibrant mix of surrounding businesses and lifestyle offerings, the property is strategically positioned to appeal to both professionals and visitors seeking convenience in Baton Rouge’s core commercial district.
Investment highlights
- Prime Location & Excellent Visibility Just Off Interstate 10 at the College Drive Interchange
- Easy Access to LSU, Medical Centers, & Corporate Demand Drivers
- Direct Visibility from I-10 Enhances Long-Term Value & Marketability for Both Residential & Hospitality Uses, & Any Future Full-Scale Redevelopment
- Large ±4.6-Acre Site with Surface Parking, Pool, Fitness, Business Center, Sport Court, & Other Amenities that Add Value for Either Hospitality or Residential Conversion
- Building Design (Extended-Stay Suites with Kitchenettes) Lends Itself to Adaptive Reuse for Multifamily Units, Reducing the Scope of Reconfiguration Compared to Traditional Hotel Formats
- Favorable C-AB-2 Zoning that Supports a Wide Range of Commercial Uses, Providing Flexibility for both Continued Hotel Operation or Residential Redevelopment Concepts
Listing Contacts
Lee & Associates Baton Rouge
Listed by Lee & Associates Louisiana, Lee & Associates Baton Rouge
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