Remarks
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
Details
- Listing ID:
- BR2025016078
- Parish
- East Baton Rouge
- Area
- EBR MLS Area 43
- Financing
- Cash, Conventional
- Assessment
- 350435
- Bathrooms:
- 6
- Parking:
- Parking Lot
Interior
- Cooling
- Central Air
- Heating
- Central
Exterior
- Construction
- Frame
- Electricity
- 220 Volts
- Price Includes
- Real Estate
- Lot Size Area
- 0.7 ac
- Roof
- Composition