Baton Rouge Mixed Use Investment

Retail-Commercial for Sale
Catylist Listing ID: 30163196
Property Subtypes: Day Care Facility, Mixed Use, Retail-Pad, Other
Building Size (RSF): 4,650 SF
Gross Land Area: 0.43 Acres
Sale Price: $275,000
Unit Price: $59.14 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 11.4%
Last Updated: 10/17/2018

Overview / Comments

Unique Mixed Use Investment Property For Sale.
Owners motivated. Bring offers.


Property consists of:

-1650 SF Single family Home rents for $1100/Month-1 year
-1500 SF Daycare rents for $1250/Month-3 years
- 500 SF Additional Daycare space rents for $500/Month-3 years
- 1000 SF Salon rents for $625/Month-2 years

Taxes- $5400 Annual
Insurance- $3900 Annual
Yard Maintenance-$1000 Annual

Property is clean, and surrounded by a quiet neighborhood.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 41
Tax ID/APN: 2329867
Zoning: C-1
Retail Clientele: General, Family, Business, Other
Property Visibility: Good
Largest Nearby Street: Florida Blvd.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,657 85,496 213,404
Median Age: 34.88 36.2 35.71
Households: 5,198 34,268 85,396


Photograph of Listing Agent

Travis A Thornton

BHHS United Properties Baton Rouge, LA 70809
Not a member of MCAR CIE
Photograph of Listing Agent

Ashlyn Plaisance

BHHS United Properties Baton Rouge, LA 70809
Not a member of MCAR CIE
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