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- LoopNet Team
224 Florida St
Baton Rouge, LA 70801
Florida & Lafayette St Redevelopment · Land For Sale · 0.24 AC

INVESTMENT HIGHLIGHTS
- heavy daytime foot traffic
- prime downtown location
PROPERTY FACTS
Property Type | Land | Proposed Use |
Retail
|
Property Subtype | Commercial | Total Lot Size | 0.24 AC |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use |
Retail
|
Total Lot Size | 0.24 AC |
DESCRIPTION
Prime redevelopment opportunity located in the heart of downtown Baton Rouge. This parcel is comprised of three interconnected buildings totaling 91,149 sf, and two adjacent surface parking lots, one of which is a corner frontage lot on Florida Street and Lafayette Street, totaling 19,561 sf. Flexible purchasing options are available for the property, which is offered for sale in its entirety at $7,673,500.00 or as separate, individual parcels. This parcel is well suited for a variety of uses. The exteriors of all three buildings are in good condition, while the interiors are partially gutted and construction ready for a new vision. The parking lots are income producing but are also prime for development. The location is two blocks from the Mississippi River and only five blocks from the State Capitol building. Surrounded by offices, restaurants, and historic sites, this is a vibrant downtown location. The building is attached to the adjacent buildings at 263 Third Street and 244 Lafayette Street which can all be accessed from each other and are also for sale (see separate listings0. There is an elevated two-story connector to get to 263 Third Street from the subject. This property can be purchased separately or with four other listings, all listed separately - see 263 Third Street, 263 Third Street Lot, 244 Lafayette Street, and 200 Florida Street. 224 Florida St: 224 Florida Street is a 30,484-sf, 3-story, multi-tenant office building. The exterior of the building is in average condition while the interior is in poor condition due to being partially gutted and in overall disrepair. Overall, the improvements are considered to be in fair condition. The building is attached to the adjacent buildings at 263 3rd Street and 244 Lafayette Street which can all be accessed from each other. There is an elevated two-story connector to get to 263 3rd Street from the subject. The site contains 10,645 sf or 0.24 acres with 67’ of frontage on Florida Street.
PROPERTY TAXES
Parcel Number | 02222124 | Improvements Assessment | $108,626 |
Land Assessment | $12,010 | Total Assessment | $120,636 |
PROPERTY TAXES
ZONING
Zoning Code | C5 |
C5 |
Listing ID: 32417468
Date on Market: 7/11/2024
Last Updated:
Address: 224 Florida St, Baton Rouge, LA 70801
The Downtown Baton Rouge Land Property at 224 Florida St, Baton Rouge, LA 70801 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
LAND PROPERTIES IN NEARBY NEIGHBORHOODS
