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244 Lafayette St
Baton Rouge, LA 70801
Office Property For Sale
Executive Summary
244 Lafayette Street is a 17,341-sf, 4-story, mixed-use building. The exterior of the building is in fair condition while the interior is in mostly poor condition. This is due to being partially gutted or not built out and in overall disrepair on the second, third, and fourth floors. The first floor is currently setup for restaurant use and is in average to good condition.
The building is attached to the adjacent buildings at 263 3rd Street and 224 Florida Street which can all be accessed from each other. There is an elevated two-story connector to get to 224 Florida Street from the subject. These are properties that are listed individually and can be purchased separately or as a package.
The location is adjacent to the anticipated 2027 opening of the Sports Illustrated Resort as well as 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 3rd Street and 224 Florida Street which can all be accessed from each other. There is an elevated two-story connector to get to 224 Florida Street from the subject. These are properties that are listed individually and can be purchased separately or as a package.
The location is adjacent to the anticipated 2027 opening of the Sports Illustrated Resort as well as 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.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
17,341 SF
Building Class
C
Year Built
1950
Price
$1,930,516 CAD
Price Per SF
$111.33 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,335 SF
Slab To Slab
10’
Building FAR
0.40
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
C5
Property Taxes
| Parcel Number | 02222094 | Improvements Assessment | $45,318 CAD |
| Land Assessment | $11,728 CAD | Total Assessment | $57,046 CAD |
Property Taxes
Parcel Number
02222094
Land Assessment
$11,728 CAD
Improvements Assessment
$45,318 CAD
Total Assessment
$57,046 CAD
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