Weekly Features presented by Jim Allen
May 26, 2021
Feature Article: Facade Easement Contributions

Owners of historic properties may contribute façade easements for tax credits. The façade easement preserves an historical structure by restricting changes to the structure (structure will be maintained, protected, and preserved forever). The owner may realize tax credits that may total 10-15% of the market value of the property. The credit is determined by regulatory approval and there are a number of factors weighed in the determination.

Feature Property: 345 Third St., Baton Rouge, LA 70801
Office For Sale

Classic office building on National Register of Historic Places. The historic building has a new roof and A/C. Was the first "sky scraper" in Baton Rouge. The property is approximately 36,000 square feet with a steel/concrete structure. Former Governor's Huey Long and Earl Long had offices in the building.

Jim Allen
Commercial Sales & Leasing Specialist

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