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Fleur de Lis still listed for sale at $4.5 mill as of 5/9/23

Posted on 5/26/23 at 8:38 am
Posted by BilbeauTBaggins
probably stuck in traffic
Member since May 2021
7247 posts
Posted on 5/26/23 at 8:38 am
Iconic Baton Rouge Landmark and Business For Sale
Listing was listed as "off market" on Zillow but listed on the LACBD website as for sale "cash to seller"


Posted by Gaston
Dirty Coast
Member since Aug 2008
41212 posts
Posted on 5/26/23 at 9:07 am to
How about $840k?
Posted by BugAC
St. George
Member since Oct 2007
55488 posts
Posted on 5/26/23 at 9:12 am to
quote:

Fleur de Lis still listed for sale at $4.5 mill as of 5/9/23


Cypress Coast Brewing (next door) had a beer with an excellent name called "$4.5 million parking lot".
Posted by ThreeBonesCater
Baton Rouge
Member since Dec 2014
552 posts
Posted on 5/26/23 at 9:12 am to
I'd be just fine if they bulldozed that joint and replaced it with a 5-minute Oil Change.
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
16918 posts
Posted on 5/26/23 at 9:51 am to
As I said last time this came up…they are not selling a “business” since the business has been closed for quite some time and has zero cash flow.

They are selling a building and maybe some intellectual property that really isn’t worth much.
Posted by BilbeauTBaggins
probably stuck in traffic
Member since May 2021
7247 posts
Posted on 5/26/23 at 9:53 am to
quote:

They are selling a building and maybe some intellectual property that really isn’t worth much.

Yeah, truly blows my mind that they think their pizza restaurant and business model are worth $4.5 million. Because you know, you close your doors if you think your business was worth that much, right?
Posted by nicholastiger
Member since Jan 2004
50796 posts
Posted on 5/26/23 at 9:55 am to
The land is where the value is, the owners aren't selling it for the restaurant
They can put up more condos right by the other ones next to it
Posted by Shexter
Prairieville
Member since Feb 2014
16960 posts
Posted on 5/26/23 at 1:08 pm to
I looked on Google Earth, and that's a HUGE lot behind the building.
Still, $4.5 mil for this?





Posted by wickowick
Head of Island
Member since Dec 2006
46138 posts
Posted on 5/26/23 at 2:12 pm to
That phone booth is worth some money
Posted by GreatLakesTiger24
Member since May 2012
57884 posts
Posted on 5/26/23 at 3:04 pm to
didn't pascale's minale sell for like half of that? good luck
This post was edited on 5/26/23 at 3:05 pm
Posted by bleeng
The Woodlands
Member since Apr 2013
4239 posts
Posted on 5/26/23 at 7:05 pm to
My dad used to take us there when we were young..Late 60's..He'd bring his cooler full of Jax, go inside and get the pizza, then we'd sit in the parking lot and eat pizza. We were real foodies back then...
Posted by Btrtigerfan
Disgruntled employee
Member since Dec 2007
22819 posts
Posted on 5/26/23 at 7:58 pm to
quote:

Shexter

You made me look. This embarrassing.






Posted by BigBinBR
Baton Rouge
Member since Mar 2023
7518 posts
Posted on 5/26/23 at 7:59 pm to
quote:

I looked on Google Earth, and that's a HUGE lot behind the building.


The entire lot looks to only be 150x200 so it’s less than an acre. So maybe 12 townhomes. Just to make the money back on the land, demo, improvements, you are looking at an absolute minimum of $750k for each unit. Not really worth it for a developer.
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