Marquee Downtown Property Available

Retail-Commercial for Sale
Catylist Listing ID: 30333971
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 11,583 SF
Gross Building Area: See Agent
Sale Price: $2,450,000
Unit Price: $211.52 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/3/2019

Overview / Comments

Great opportunity to own a historical property in the heart of downtown Baton Rouge. Located on 3rd Street, in between Florida and Laurel. Surrounded by the brand new Marriott, Raising Cane's, City Bar, and Magpie, this location is downtown's main entertainment corridor. Two story building consisting of 11,500 sq/ft of space. Driftwood Cask and Barrell is operating on the first floor, and Trademark Catering is operating on the second floor. Both are bound by NNN leases, providing a great return for investors. Do not disturb tenants, contact agent for additional details.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 50
Tax ID/APN: 34738

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,151 74,246 167,746
Median Age: 35.38 33.01 32.75
Households: 3,063 28,726 66,575

Contact

Photograph of Listing Agent

Jonathan Walker

Maestri-Murrell Inc Baton Rouge, LA 70809-2437
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.