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8796 Greenwell Springs Rd 2,421 SF Retail Building Baton Rouge, LA 70814 $399,000 ($164.81/SF)



Investment Highlights
- Approximately one-acre site with excellent frontage, access, and ample parking.
- Bank-Owned Property Priced for Immediate Sale
- Ideal for office, medical, financial, retail, or redevelopment with flexible C-1 commercial zoning.
Executive Summary
Excellent opportunity to acquire a highly visible, freestanding commercial building on approximately one acre along the Greenwell Springs Road corridor. Formerly occupied as a Liberty Bank branch, this property offers an established commercial presence with ample parking, excellent access, and outstanding redevelopment potential.
The ±2,421-square-foot building is well suited for a variety of commercial uses, including professional office, medical or dental practice, insurance agency, financial services, title company, counseling center, government or nonprofit office, daycare, retail showroom, or other service-oriented businesses. Existing drive-thru infrastructure may provide additional value for financial institutions, pharmacies, coffee concepts, or other businesses requiring convenient customer access, subject to applicable approvals.
The property offers excellent visibility, easy ingress and egress, generous parking, and a functional floor plan that can be renovated or reconfigured to meet a buyer's specific needs. While the building requires a new roof and interior updates, it presents an excellent opportunity for an owner-user or investor to customize the space while benefiting from an established commercial location.
Located within a mature commercial corridor surrounded by residential neighborhoods, schools, retail businesses, medical offices, and community services, the property enjoys consistent traffic exposure and convenient access to major Baton Rouge thoroughfares.
This bank-owned property is being sold AS IS, presenting an excellent value-add opportunity for buyers seeking a well-located commercial property with strong long-term potential. Seller will consider all reasonable offers.
The ±2,421-square-foot building is well suited for a variety of commercial uses, including professional office, medical or dental practice, insurance agency, financial services, title company, counseling center, government or nonprofit office, daycare, retail showroom, or other service-oriented businesses. Existing drive-thru infrastructure may provide additional value for financial institutions, pharmacies, coffee concepts, or other businesses requiring convenient customer access, subject to applicable approvals.
The property offers excellent visibility, easy ingress and egress, generous parking, and a functional floor plan that can be renovated or reconfigured to meet a buyer's specific needs. While the building requires a new roof and interior updates, it presents an excellent opportunity for an owner-user or investor to customize the space while benefiting from an established commercial location.
Located within a mature commercial corridor surrounded by residential neighborhoods, schools, retail businesses, medical offices, and community services, the property enjoys consistent traffic exposure and convenient access to major Baton Rouge thoroughfares.
This bank-owned property is being sold AS IS, presenting an excellent value-add opportunity for buyers seeking a well-located commercial property with strong long-term potential. Seller will consider all reasonable offers.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Building Size
2,421 SF
Year Built
1979
Price
$399,000
Price Per SF
$164.81
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
0.83 AC
Zoning
C-1 - Light Commercial zoning ideal for office, retail, medical, financial, and service businesses. Buyer to verify zoning.
Parking
32 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
266’ on Greenwell Springs Road
Amenities
- Banking
- Dedicated Turn Lane
- Drive Thru
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01038850 | Improvements Assessment | $53,988 |
| Land Assessment | $7,535 | Total Assessment | $61,523 |
Property Taxes
Parcel Number
01038850
Land Assessment
$7,535
Improvements Assessment
$53,988
Total Assessment
$61,523
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