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$675,000
Est. payment /mo
8,000 SqFt
Price Dropped by $25K
4917-4927 S Sherwood Forest Blvd Baton Rouge, LA 70816
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Key Details
Property Type Commercial
Sub Type Professional/Office
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $84
MLS Listing ID BR2025016078
Lot Size 30492.001 Acres
Acres 0.7
Property Sub-Type Professional/Office
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
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Vinyl Tile
Exterior
Parking Features Parking Lot
Roof Type Composition
Garage false
Building
Foundation Slab
Level or Stories 2
Others
Tax ID 350435
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by KW Commercial Baton Rouge
Nearby Locations
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