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224 Lafayette St
Baton Rouge, LA 70801
Office Property For Sale
Investment Highlights
- 30,484 SF office building situated on 0.24 acres with 67 feet of Florida Street frontage.
- Positioned within blocks of the Mississippi River, State Capitol, and major civic institutions.
- Connected to adjacent 263 3rd Street property via two-story elevated connector.
- Surrounded by restaurants, entertainment venues, hotels, and government offices.
Executive Summary
224 Florida Street offers a unique redevelopment opportunity within Baton Rouge’s dynamic downtown core. This three-story, multi-tenant office building spans 30,484 square feet and sits on a 10,645-square-foot parcel with roughly 67 feet of street frontage along Florida Street. The interior has been partially gutted and is in disrepair, making it ideal for adaptive reuse or extensive upgrade initiatives to cater to investor objectives or future owner-occupancy needs.
Connected via an elevated two-story walkway to the adjacent 263 3rd Street building, the property provides flexibility for combined operations or expanded development strategies. Its location is less than two blocks from the Mississippi River and within a five-block radius of the Louisiana State Capitol, positioning it among a strong mix of government offices, hospitality destinations, dining, and cultural landmarks.
This building benefits from strategic visibility in a high-traffic area and proximity to major thoroughfares, offering convenient access to local attractions and employment centers. With revitalization efforts accelerating across downtown, 224 Florida Street represents a solid investment in a rapidly evolving urban market poised for long-term growth.
Connected via an elevated two-story walkway to the adjacent 263 3rd Street building, the property provides flexibility for combined operations or expanded development strategies. Its location is less than two blocks from the Mississippi River and within a five-block radius of the Louisiana State Capitol, positioning it among a strong mix of government offices, hospitality destinations, dining, and cultural landmarks.
This building benefits from strategic visibility in a high-traffic area and proximity to major thoroughfares, offering convenient access to local attractions and employment centers. With revitalization efforts accelerating across downtown, 224 Florida Street represents a solid investment in a rapidly evolving urban market poised for long-term growth.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
30,484 SF
Building Class
B
Year Built
1970
Price
$1,400,000
Price Per SF
$45.93
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
10,161 SF
Building FAR
2.80
Lot Size
0.25 AC
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 02222124 | Improvements Assessment | $108,626 |
| Land Assessment | $12,010 | Total Assessment | $120,636 |
Property Taxes
Parcel Number
02222124
Land Assessment
$12,010
Improvements Assessment
$108,626
Total Assessment
$120,636
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