For Sale
$260,000

15736 Florida BlvdBaton Rouge, LA 70819

Baton Rouge commercial property, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
113
This 1,756 square foot retail building, located at 15736 Florida Blvd in Baton Rouge, Louisiana (zip code 70819), is offered at $260,000. The property sits on a 2.23-acre lot and is zoned for commercial use. Currently configured as a single-tenant space, it's ideal for a grocery store, quick-service restaurant (QSR), or other restaurant concept. The building has undergone renovations within the past two years. The lease is a gross lease with approximately six months remaining. The property boasts a 7.40% cap rate and a price per square foot of $148.06. Its location on busy Florida Boulevard, near Denham Springs, ensures high visibility and significant foot traffic. This presents a unique opportunity for investors and business owners seeking a versatile space in a thriving commercial corridor. The property's adaptability makes it suitable for a range of businesses, offering a strong return on investment and significant potential for future growth. The building's recent renovations minimize immediate capital expenditure needs, allowing for a quicker return on investment. This prime location in East Baton Rouge Parish offers excellent access to a large customer base and a vibrant community. The property's short-term lease provides flexibility for new owners to customize the space to their specific business needs.

Highlights

  • 1,756 SF retail building on a 2.23-acre lot in Baton Rouge, LA (70819), offered at $260,000.
  • Zoned commercial, currently single-tenant, ideal for grocery, QSR, or other restaurant uses.
  • Recently renovated, gross lease with ~6 months remaining, 7.40% cap rate, $148.06/SF.
  • High-visibility location on Florida Blvd near Denham Springs, offering strong ROI potential.

Property Details for 15736 Florida Blvd

Property type
Retail properties, Restaurants
Square Feet
1,756 SF
Year Renovated
2
Buildings
1
Lot Size (sq. ft)
97,139 SF

Location Insight

City
Baton Rouge
County
East Baton Rouge Parish
State
Louisiana
Latitude
30.4656766
Longitude
-91.0122787
15736 Florida Blvd, Baton Rouge, Louisiana

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15736 Florida Blvd
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