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1440 Government Street
Baton Rouge, LA 70802
Asking Price
$1.85M
Asset Type
Retail
Class
Class B
What's Special
Retail | 27,500 SqFt <ul><li>Prime Mid-City redevelopment corridor</li><li>±1.59-acre infill site with excess land</li><li>C-AB-2 Zoning — Main Structure & Government Street Frontage</li><li>LC-2 & M-1 — Rear and Vacant Parcels</li><li>Historic Tax Credit eligible</li><li>Across from Electric Depot - Red Stick Social, City Roots Coffee Bar</li><li>27,500 SF two-story Chicago brick + rear warehouse</li><li>18' clear heights, dock + grade loading</li><li>76' frontage on Government | 289' on S. 14th</li><li>F
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NOI
$80,000
Cap Rate
4.32%
DSCR
0.73
Underwater
Cash-on-Cash
-5.38%
Monthly Payment
$9,152.791
Annual Cash Flow
$-29,833.487
