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    1221 N Martin Luther King Hwy Lake Charles, LA 70601

    For Sale
    $420,000

    Business - Lake Charles, LA

    Type:Business
    Lot size:
    0.63 Acres
    Days on Market:
    148
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 1221 N Martin Luther King Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Commercial
    APN
    00336238
    Exterior features
    Utilities
    Lot size
    0.63 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    1
    Building materials
    Brick, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Coldwell Banker Ingle Safari Realty (337) 478-1601 [email protected]

    Listing agent Robbie Ingle (337) 478-1601 License #912122392

    Listing date Jul 11, 2025

    MLS# 24003744 Listing URL

    Copyright © 2025 Southwest Louisiana Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant on High-Traffic Highway

    This is an opportunity to acquire a turnkey restaurant located on Martin Luther King Highway, an area known for its high traffic volume. The main commercial building provides 1,512 square feet of space. In addition to the main building, the property includes two additional buildings that can be used for storage or as a crawfish boiling area. A patio area is also present. The property is situated on a corner lot with ample side parking. Its location near I-10 provides constant vehicular traffic and visibility. The property is currently leased and houses a fully operating business. The property is zoned for commercial use and is situated on a 0.628-acre lot. This property is located in Lake Charles, LA. This property is suited for expanding or starting a restaurant business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Asia bbq Asian Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.18095
    Latitude
    30.2535

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    FAQs

    What type of property is this?
    Restaurant - Ready-to-go restaurant on a prominent corner lot near I-10.
    Where is this restaurant located?
    The property is located at 1221 N Martin Luther King Hwy Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity on high-traffic Martin Luther King Highway.; - Prominent corner lot with ample side parking.; - Strategically located near I-10 with excellent visibility.
    (337) 478-1601
    Request Owner's contact information
    1221 N Martin Luther King Hwy Lake Charles, LA 70601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1221 N Martin Luther King Hwy Lake Charles, LA 70601
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