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Investment Highlights

  • Downtown Baton Rouge parcel comprising 7,685 SF with 71 feet of 3rd Street frontage.
  • Located two blocks from the Mississippi River and five blocks from the Louisiana State Capitol.
  • Currently improved as an income-producing surface lot with 23 parking spaces.

Executive Summary

This is a 7,685 sf (0.18 acre) surface parking lot located on the west side of 3rd Street Baton Rouge between Florida Street and Convention Street in the heart of downtown Baton Rouge. The lot currently operates with 23 parking spaces and generates income, but is also prime for ground-up development. It is located adjacent to 263 3rd Street (also available), two blocks from the Mississippi River and five blocks from the State Capitol. Surrounded by offices, restaurants, civic Institutions, and historic sites, this is a vibrant area. The property's strategic downtown opportunity for investors and developers alike. With strong visibility, convenient access to major thoroughfares, and proximity to government offices, entertainment venues, and local businesses, this site is well-positioned to benefit from continued growth and revitalization efforts in the area.

Property Facts

Price $750,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.18 AC
Opportunity Zone Yes
Zoning C5

1 Lot Available

Lot

Price $750,000
Price Per AC $4,251,146.39
Lot Size 0.18 AC

Description

The property consists of a 7,685-square-foot parcel situated along 3rd Street between Florida and Convention Streets in downtown Baton Rouge. It is zoned C-5 and currently operates as a surface parking lot with 23 designated spaces. The lot has approximately 71 feet of street frontage. The surrounding context includes commercial, governmental, and cultural uses, including proximity to the State Capitol and the Mississippi River, providing an urban setting suitable for continued use or redevelopment.

Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 41072783

  • Date on Market: 6/26/2026

  • Last Updated:

  • Address: 263 3rd St, Baton Rouge, LA 70801

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