608 Rapides Street

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608 Rapides Street

Baton Rouge, LA 70806
Asking Price
$175K
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Standalone retail building located in Baton Rouge
  • Asset available for purchase at 175000 dollars
  • Situated within the accessible Mid City submarket
  • Functional space suitable for various commercial uses
  • Positioned near primary routes in the capital city

What's Special

This standalone retail asset at 608 Rapides Street presents a functional space within the established Mid City neighborhood of Baton Rouge. As a central hub in Louisiana, Baton Rouge maintains a diverse economy driven by the industrial, government, and education sectors. The property is positioned to serve local demand within a well-connected suburban landscape, making it suitable for professional services, boutique retail, or specialized office operations. Investors and business owners will find this location provides direct access to key regional thoroughfares, facilitating consistent connectivity throughout the capital city. The asset serves as a compact footprint for those seeking to establish or expand a presence in the local market. Given its scale and configuration, the building offers versatility for various small-scale commercial applications in an area characterized by steady growth and accessibility.

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NOI
$80,000
Cap Rate
45.71%
DSCR
7.70
Strong
Cash-on-Cash
132.59%
Monthly Payment
$865.805
Annual Cash Flow
$69,610.346

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