232 Lafayette St.
This historic building is the perfect template for a mixed-use redevelopment with rich character. The building is located in Downtown Baton Rouge on Lafayette St in between Florida St. and Convention St. The best use is likely a mixed-use redevelopment with street retail on the first floor and residential on the second. The building is currently in shell condition, situated on 8,276 SF of land.
Located on a very busy block of Downtown Baton Rouge, one block from the Mississippi River and one block from popular 3rd street across from the Hilton Downtown and Hotel Indigo. This property is perfectly positioned to attract both vehicle and foot traffic. It's within walking distance to dozens of hotels, restaurants and bars, along with several new developments that have brought lots of activity to Downtown Baton Rouge. Three adjacent parcels, making up 26,624 SF of land area also For Sale. If combined with this site, a total of .8 acres is available.
The property is located in an Opportunity Zone, qualifies for the State Historic Tax Credit Program, and is eligible to apply for the Federal Historic Tax Credit Program.
- ±14,268 SF of Shell Space
- Rich character and classic design
- Constructed c. 1923
- Located in a heavily trafficked section of Downtown
- Qualifies for multiple tax credit programs
Sale Price: | $1,095,000 |