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$ 700,000
Est. payment | /mo
6 Baths
8,000 SqFt
$ 700,000
Est. payment | /mo
6 Baths
8,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $87
Subdivision Charlestown Place Office
MLS Listing ID 2025016078
Lot Size 0.700 Acres
Property Sub-Type Commercial
Property Description
Income Producing Multi-Tenant Office Building | Baton Rouge, LA Prime investment income-producing office building located in the Sherwood Forest area of Baton Rouge. The property includes six combined condo units with 32 individual office suites. Currently operating at 70% occupancy offering generating strong in-place cash flow and upside potential upon full occupancy or room for an owner occupant. The building is ideally situated in a quiet, professional setting with easy access to Sherwood Forest Blvd and just 5 minutes from I-10, offering convenience and visibility for tenants and their clientele. This well-maintained asset is well suited for investors seeking steady returns, professional tenants, and a strong location in the Baton Rouge office market. Showings are by appointment only. Please do not disturb the tenant. • 32 total suites with 70% occupancy • Current Gross Monthly Income: $7,400 • Potential Gross Monthly Income: $11,440 • Average Annual Expenses: $32,000 • Stable tenant mix with potential for rent increases • Ample on-site parking • Ideal for owner-user or investor • Strategically located near I-10, shopping, and business services
Location
State LA
County East Baton Rouge
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Vinyl:Tile Floor
Exterior
Garage Spaces 50.0
Utilities Available Natural Gas Available
Roof Type Composition
Private Pool false
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
Listed by KW Commercial Baton Rouge
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Blake Fowler
Broker | License ID: 0995683324