Listed by Elifin Realty Baton Rouge
$1,359,000
1400 Main Street
Details
APN 34932, 34940, 34959, 35009, 34991, 34975, 34983, 34967
Property Type Office, Industrial
Sub Type Distribution, Executive Office
Square Footage 42,315
Occupancy 76%
Tenancy Multi
Price per SqFt $32
Buildings 1
Stories 2
Acreage 1.140
Zoning M-1 / Light Industrial
Investment Type Owner/User
Office | 42,315 SqFt
Marketing description
An opportunity for an owner/user or investor, this beautiful building is an impressive 104-years-old and combines a classic industrial feel with time-tested construction.
The multi-tenant office/warehouse is ±76% occupied and generating rental income, presenting an opportunity for an investor to bring additional value by leasing the vacant portion. Or the versatile property could be utilized by an industrial / manufacturing / distributing user looking for space in Mid City
The current tenant is Capital Area Corporate Recycling Council.
Investment highlights
- Opportunity zone designation
- Located in the downtown development district
- Historic, 104-year-old warehouse
- $125,000 spent on roof replacement and other improvements in 2006
- 0.33 miles from i-110 & downtown
Listing Contacts
Listed by Elifin Realty Baton Rouge
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