Three downtown buildings sold

Three neighboring Third Street buildings have been sold for $815,000. The two-story buildings, which include the former homes of Latil Stationery and Wag’s on the Levee and the current location of Lokka Med Spa, have a combined square footage of 16,000 square feet. A local group called 326 Third Street LLC bought the buildings from Baton Rouge Realty, which was led by Hermann “Buck” Moyse III and Joseph Simmons. The group that purchased the building includes Andy Blouin and Sean Malone, the co-owners of Serranos Salsa Company. Blouin and Malone own the old Avoyelles Cafe building on Third Street, which will soon be the local home for the Lafayette-based City Bar. Jonathan Walker, with Maestri-Murrell Real Estate, represented the buyers. Walker says there’s a lot of interest in leasing the space, but the plan is to find a restaurant to take up 6,000 square feet on the bottom floor. “The new owners are excited about the possibilities for the property, and know this will be a good long-term investment for them in a growing area of the market,” Walker says. —Timothy Boone