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Commercial investment opportunity in Baton Rouge. Fire damaged concrete building with C-2 (heavy commercial) zoning for sale at the corner of Terrace and Eddie Robinson Drive. Building requires cleanout, gut, and complete renovation, including roof. Smaller building is a tear down. Lot is 60 feet x82.5 feet in the National Eddie Robinson Sr. Historic District. Flood zone X and should be eligible for tax credits. (Buyer to verify all details.) Seller is motivated! All offers will be considered.
About the area:
This is an opportunity to take part in the early stages of revitalization of Downtown East, with its rich history as a thriving center for African American businesses, culture, and community in decades past. There are currently 3 long awaited renovations in the area. The Prince Hall Masonic Temple is undergoing a massive renovation and will be a 46 unit apartment complex. Renovations are nearly complete on the Lincoln Theatre, which will now be the Louisiana Black History Hall of Fame Museum and Cultural Center. Plans have also been proposed to turn the historic Lincoln Hotel into apartments and retail spaces.
Please note this property is listed by Jessica Manzella, Realtor at Epique Realty, on the MLS, Licensed in LA and MS.