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1400 Main St 42,315 SF 100% Leased Industrial Building Baton Rouge, LA 70802 $1,359,000 ($32.12/SF)
Executive Summary
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 historic property is located in the Downtown
Development District and has Opportunity Zone Designation.
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.
In 2006, $125,000 worth of renovations were invested into the property – roof replacement and other
improvements made.
This property is located just ±0.3 Miles from I-110 & Downtown Baton Rouge. The property is also conveniently
located only ±4 minutes from I-10 access.
The current tenant is Capital Area Corporate Recycling Council
a classic industrial feel with time-tested construction. The historic property is located in the Downtown
Development District and has Opportunity Zone Designation.
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.
In 2006, $125,000 worth of renovations were invested into the property – roof replacement and other
improvements made.
This property is located just ±0.3 Miles from I-110 & Downtown Baton Rouge. The property is also conveniently
located only ±4 minutes from I-10 access.
The current tenant is Capital Area Corporate Recycling Council
Property Facts
| Price | $1,359,000 | Rentable Building Area | 42,315 SF |
| Price Per SF | $32.12 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1918 |
| Property Type | Industrial | Parking Ratio | 10/1,000 SF |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 4 |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 1.50 AC | Opportunity Zone |
Yes
|
| Zoning | M-1 - LIGHT INDUSTRIAL | ||
| Price | $1,359,000 |
| Price Per SF | $32.12 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 1.50 AC |
| Rentable Building Area | 42,315 SF |
| No. Stories | 1 |
| Year Built | 1918 |
| Parking Ratio | 10/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
| Zoning | M-1 - LIGHT INDUSTRIAL |
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $49,115 | |
| Land Assessment | $10,914 | Total Assessment | $60,029 |
Property Taxes
Parcel Numbers
Land Assessment
$10,914
Improvements Assessment
$49,115
Total Assessment
$60,029
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1400 Main St
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