The Pulse BR: Prescriptions to Geaux purchases their Government Street property

A weekly update on the commercial real estate landscape of Baton Rouge and Ascension.

Commercial Sales Recorded Last Week

11314 Boardwalk Dr, Baton Rouge, LA 70816
11314 Boardwalk Dr, Baton Rouge, LA 70816

Type: Hospitality
Price: $1,900,000 ($17,431 / Unit)
Buyer: Titan General Contractors LLC
Elifin’s Notes: An Arkansas-based company acquires a 109-unit hotel property on Broadwalk Drive.

3012 Government St, Baton Rouge, LA 70806
3012 Government St, Baton Rouge, LA 70806

Type: Retail
Price: $1,150,000 ($290.40 / SF)
Buyer: Tallow Properties LLC
Elifin’s Notes: Tallow Properties LLC acquires a former bank branch turned drive-thru pharmacy at the corner of Government Street and Kenmore Avenue.

1334 Florida St, Baton Rouge, LA 70802
1334 Florida St, Baton Rouge, LA 70802

Type: Retail
Price: $1,140,150 ($205.06 / SF)
Buyer: Florida Blvd Faststop LA LLC
Elifin’s Notes: A convenience store/gas station property sells across from the Greyhound Bus Station on Florida Street.

4612 Bennington Ave, Baton Rouge, LA 70808
4612 Bennington Ave, Baton Rouge, LA 70808

Type: Retail
Price: $775,000 ($152.05 / SF)
Buyer: Perkins Group Holdings LLC
Elifin’s Notes: Perkins Group Holdings LLC acquires a restaurant property on Bennington Avenue.

44095 Stringer Bridge Rd, Saint Amant, LA 70774
44095 Stringer Bridge Rd, Saint Amant, LA 70774

Type: Land
Price: $360,000 ($0.92 / Land SF)
Buyer: Keller, Kirby J
Elifin’s Notes: A 9 acre parcel of land sells on Stringer Bridge Road in Saint Amant.

670 N 8th St, Baton Rouge, LA 70802
670 N 8th St, Baton Rouge, LA 70802

Type: Multifamily
Price: $350,000 ($58,333 / Unit)
Buyer: 670 N 8th Street LLC
Elifin’s Notes: A 6-unit multifamily property changes ownership in Spanish Town.

Tract Y-3-B-1 Hwy 42, Prairieville, LA 70769
Tract Y-3-B-1 Hwy 42, Prairieville, LA 70769

Type: Land
Price: $326,700 ($7.50 / Land SF)
Buyer: HDC Investment Realty LLC
Elifin’s Notes: HDC Investment Realty LLC purchases a 1 acre parcel of commercial land at the entrance of the Meadows at Oak Grove.

1515 Harding Blvd, Baton Rouge, LA 70807
1515 Harding Blvd, Baton Rouge, LA 70807

Type: Specialty
Price: $310,000 ($51.60 / SF)
Buyer: Southern University System Foundation
Elifin’s Notes: Southern University System Foundation purchases a commercial property on Harding Boulevard.

9202 Mammoth Ave, Baton Rouge, LA 70814
9202 Mammoth Ave, Baton Rouge, LA 70814

Type: Industrial
Price: $190,000 ($45.67 / SF)
Buyer: CVR Holdings, LLC
Elifin’s Notes: CVR Holdings purchases an industrial building on Mammoth Avenue.

12042 W Main St, Gonzales, LA 70737
12042 W Main St, Gonzales, LA 70737

Type: Specialty
Price: $125,000 ($19.16 / SF)
Buyer: Aikens, Nolan Jr
Elifin’s Notes: The former Gonzales Country Club and American Legion property changes hands on West Main Street in Gonzales.

100 Memorial Dr, Donaldsonville, LA 70346
100 Memorial Dr, Donaldsonville, LA 70346

Type: Land
Price: $100,000 ($1.06 / Land SF)
Buyer: Braud, Joseph
Elifin’s Notes: A 2+ acre parcel of land sells in Donaldsville.

6275 Siegen Lane, Baton Rouge, LA 70809
6275 Siegen Lane, Baton Rouge, LA 70809

Type: Retail
Price: Withheld
Buyer: Park, Daniel Jong Mun
Elifin’s Notes: A local investor purchases a retail property on Siegen Lane.


Commercial Permits Issued Last Week


Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty
marketing@elifinrealty.com
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