Historic Office Building and Parking Lot for Sale

618 Main St Baton Rouge, LA 70801

618 Main St, Baton Rouge, LA, 70801
618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801 618 Main St, Baton Rouge, LA, 70801
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$3,294,080
Last Verified:
Nov 14, 2024

Daily Email Blast
0 times



Description

Now available for sale, 618 Main Street is a historic office building located in the heart of Downtown Baton Rouge. Three tenants occupy space in the building and the current owner will lease back an additional ±8,087 RSF at sale, leaving ±5,226 RSF available. Anchored by the Palmintier Law Group, a prominent Louisiana law firm founded in 1975, this unique property fronts Main Street and sits only 4 blocks from the Louisiana State Capitol grounds. The property includes a private, off-street parking lot that measures ±8,192 SF – a true rarity for Downtown and the surrounding areas.

618 Main St presents the perfect opportunity for an owner occupant to utilize the building’s existing income to offset expenses, or for an investor to capitalize on the property’s unique features and bring it to full occupancy.

***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

https://elifinrealty.com/deals/historic-office-building-and-parking-lot-for-sale-618-main-st-baton-rouge-la-70801/

Sq. 12, Lots 12, 2

Building Size: 16492sq ft
Building Class: A
Lot Size: 0.38 acres

Map of 618 Main St, Baton Rouge, LA, 70801

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.