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263 3rd St

0.18 Acres of Commercial Land Offered at £541,291 in Baton Rouge, LA 70801

Property Facts

Price £541,291
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.18 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price £541,291
Price Per AC £3,068,143
Lot Size 0.18 AC

7,685 sf or 0.18 acres with 71' of frontage on the west side of Third Street. The site is currently used as a surface parking lot with 23 spaces. It is adjacent to 263 Third Street, which is also for sale.

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. This property can be purchased separately or with four other listings, all listed separately - see 263 Third Street, 244 Lafayette Street, 224 Florida Street, and 200 Florida Street. 263 3rd Street lot: Located on 3rd St between Florida Street and Convention Street (parcel is described as Lot 10-A-1, Block 2 by the East Baton Rouge Assessor), this parcel is 7,685 sf or 0.18 acres. It has 71’ of frontage on the west side of 3rd Street. The site is currently used as a surface parking lot with 23 spaces.

Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02222108
Land Assessment
£9,984
Improvements Assessment
£0
Total Assessment
£9,984

zoning

Zoning Code C5
C5
  • Listing ID: 32417986

  • Date on Market: 11/07/2024

  • Last Updated:

  • Address: 263 3rd St, Baton Rouge, LA 70801

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