Downtown Property with Ample On-Site Parking
603 St Charles St
Baton Rouge, LA 70802
https://thebrokerlist.com/have/downtown-property-ample-site-parking-68741
FOR SALE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price
Last Verified:
Oct 11, 2018
Description
Downtown property on one of the biggest lots in the neighborhood and ample on-site parking. The building is in great shape and because of the B1/A4 zoning, can be purchased for a number of different uses: office, retail, warehouse, or residential. The building is currently vacant and ready for immediate occupancy by an owner-occupant or for an investor to buy and lease out to a commercial or residential tenant.
The property is located in downtown Baton Rouge near I-10. The property is near the major intersection of St Charles and Government St and is within walking distance to multiple downtown hotspots including: the District Courthouse, IBM Building, Chase Tower, Old State Capitol, and the River Center. The location is also just a few miles away from LSU Campus.
Building Size: 4144.0sq ft
Building Class: A
Lot Size: 0.22 acres
Map of 603 St Charles St, Baton Rouge, LA, 70802
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
