Historic Mid-City Building for Sale

340 S. 14th Street Baton Rouge, LA 70802

340 S. 14th Street, Baton Rouge, LA, 70802
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FOR SALE
Property Type:
Warehouse
Amount:
$1,100,000
Last Verified:
Apr 08, 2024

Highlights

  • Redevelopment Opportunity - Historic Rehabilitation Tax Incentives (Eddie Robinson Sr. Historic District)
  • Designated Federal Opportunity Zone
  • Located within minutes of Downtown Baton Rouge
  • Less than 3 miles from Louisiana State University
  • Proximity to proposed Downtown Rail Station

Description

The Bologna Brothers Building at 340 S. 14th Street is a notable building with tremendous character in a diverse part of town experiencing a resurgence. Several buildings along Government Street have been redeveloped over the last few years or recently purchased for redevelopment. The building was originally occupied by Baton Rouge Wholesale Liquor Co, which was owned and operated by the Bologna Family, and most recently occupied by Discoveries Furniture & Finds, a direct import furniture store.

The building footprint is approximately 22,000 square feet and is situated on a tract that is approximately 160' wide by 167' deep.

Located in the heart of Mid-City off Government Street and less than 0.3 miles to Interstate 110. This property is one block over from the revitalized Electric Depot featuring shops, entertainment and multi-family living. To the east of 14th Street is the Kansas City southern railway and the proposed location of the Baton Rouge passenger train depot, which will eventually connect Baton Rouge to the city of New Orleans by rail.

Building Size: 22000sq ft
Lot Size: 0.69 acres


Documents

Sale Flyer

Map of 340 S. 14th Street, Baton Rouge, LA, 70802

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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.