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263 Third St
Baton Rouge, LA 70801
State National Life Building · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Office/Residential
Building Size
92,719 SF
Building Class
B
Year Built/Renovated
1960/1996
Percent Leased
100%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
10,544 SF
Slab To Slab
10’
Building FAR
10.55
Lot Size
0.20 AC
Zoning
C-5
Parking
23 Spaces (0.31 Spaces per 1,000 SF Leased)

ABOUT 263 THIRD ST , BATON ROUGE, LA 70801

The property includes three (3) connecting buildings totaling approximately 100,000 SF, fronting on Third Street, Florida Street and Lafayette Street, in the center of the downtown development district. The buildings, previously office, are also ideal for Hotel conversion, Residential, or Mixed Use. The site is in a Certified Opportunity Zone. Located between the Hilton Hotel Capitol Center on Lafayette and the Courtyard by Marriott hotel (under construction) on Third Street, and two (2) blocks from the Mississippi River; the site is midway between the New State Capitol and the Old State Capitol. The largest building, 263 Third, is on the Main Street Program and qualifies for: - 5 Year Property Tax Abatement - Economic Development Zone Status - New Market Tax Credits - Federal Historic & Rehabilitation Tax Credits - State Commercial Historic Tax Credits - State Historic Rehabilitation Tax Credits—residential - Tax Increment Financing - And Numerous State Business Incentives The three buildings connect to Florida Street and Third Street primary downtown arteries. This is the largest commercial office/ hotel/ residential building available in downtown Baton Rouge. Owner financing available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02222116
Land Assessment
$10,400
Improvements Assessment
$248,789
Total Assessment
$259,189
  • Listing ID: 7241393

  • Date on Market: 5/16/2017

  • Last Updated:

  • Address: 263 Third St, Baton Rouge, LA 70801

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