Opportunity Zone Historic Office/Warehouse in Mid City
1400 Main St, Baton Rouge, LA, 70802
ID f52c919f
Overview
An opportunity for an owner/user or investor, this beautiful building is an impressive 104- years-old and combines a classic industrial feel with time-tested construction. The historic property is located in the Downtown Development District and has Opportunity Zone Designation.
The multi-tenant office/warehouse is ±76% occupied and generating rental income, presenting an opportunity for an investor to bring additional value by leasing the vacant portion. Or the versatile property could be utilized by an industrial / manufacturing / distributing user looking for space in Mid City.
In 2006, $125,000 worth of renovations were invested into the property – roof replacement and other improvements made.
This property is located just ±0.3 Miles from I-110 & Downtown Baton Rouge. The property is also conveniently located only ±4 minutes from I-10 access.
The current tenant is Capital Area Corporate Recycling Council.
• Opportunity Zone Designation
• Located in the Downtown Development District
• Historic, 104-year-old Warehouse
• $125,000 spent on roof replacement and other improvements in 2006