This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Land Property is no longer advertised on LoopNet.com.

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
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Storefront, Retail or Office
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

PROPERTY TAXES

Parcel Number
02222124
Land Assessment
$12,010
Improvements Assessment
$108,626
Total Assessment
$120,636

ZONING

Zoning Code C5
C5
  • Listing ID: 32417468

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 224 Florida St, Baton Rouge, LA 70801

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}