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2949 Varsity St
Baton Rouge, LA 70807
Sonesta Essential Hotels Baton Rouge Airport · Hospitality Property For Sale · 45,204 SF

INVESTMENT HIGHLIGHTS

  • Lender Authorized Short - Sale with highly motived seller
  • Located less than half a mile from the Baton Rouge Airport Departures Terminal
  • Minimal PIP expected: The property underwent select renovations in 2024 as part of its conversion.
  • 2000 built, 77-Room Interior Corridor Recently Converted Sonesta Essential
  • Proximate to Louisiana State University (LSU) - one of the largest universities in the region and generates consistent room-night demand.
  • 39 companies have invested over $10 billion in relocations & expansions in the market since 2020, creating 3,900 new jobs.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.45 AC
Building Size 45,204 SF
No. Stories 3
Year Built/Renovated 2000/2025
Parking Ratio 1.68/1,000 SF
Corridor Interior
Zoning M1 - Industrial District

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30850505
Land Assessment
$15,000
Improvements Assessment
$348,000
Total Assessment
$363,000
  • Listing ID: 35454370

  • Date on Market: 4/11/2025

  • Last Updated:

  • Address: 2949 Varsity St, Baton Rouge, LA 70807

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