Medical Office Suite with ADA
1716 Oak Park Blvd Boulevard Lake Charles, LA 70601
For Sale
$429,500
Commercial Sale - Lake Charles, LA
Property Size2,550 SF
Lot Size0.22 Acres
Price / SF$168.43
Days on Market24
Property Features for 1716 Oak Park Blvd Boulevard
General Information
- Property type
- Other
- Property subtype
- Office
- Standard status
- Active
- APN
- 00458139
- Lot size
- 0.22 Acres
Listing Agency:
Coldwell Banker Ingle Safari R
(337) 478-1601
Listed By:
STEVE FLOYD · License #995692985
(337) 478-1601
Added: Jul 2
Last Checked: Jul 25 at 5:06AM
MLS# 836
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This updated, move-in ready office space is designed to support a professional environment. The suite includes 10 private offices, a large conference room, and a reception area for greeting patients or clients. There are three bathrooms total, including one ADA-compliant restroom. The layout provides multiple enclosed rooms for offices while keeping common and meeting space readily accessible.
The property is located on Oak Park Blvd in Lake Charles, directly across from Memorial Hospital. That proximity supports convenient access for patients and clients and provides strong day-to-day visibility in a healthcare-oriented setting.
The configuration is a practical fit for medical practices or other service-oriented professional uses that require private offices, multiple restrooms, and a dedicated conference room. With the reception area and office count, it can support both client-facing operations and internal workspaces in a single, turnkey suite.
The property is located on Oak Park Blvd in Lake Charles, directly across from Memorial Hospital. That proximity supports convenient access for patients and clients and provides strong day-to-day visibility in a healthcare-oriented setting.
The configuration is a practical fit for medical practices or other service-oriented professional uses that require private offices, multiple restrooms, and a dedicated conference room. With the reception area and office count, it can support both client-facing operations and internal workspaces in a single, turnkey suite.
Key Highlights
- 2550 SF updated, move‑in ready office space across from Memorial Hospital
- Includes 10 private offices
- 3 bathrooms total, including one ADA‑compliant bathroom
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.3k | $25.20 |
| − Vacancy | −$8.0k | −$3.15 |
| EGI | $56.2k | $22.05 |
| − OpEx | −$22.5k | −$8.82 |
| NOI | $33.7k | $13.23 |
2,550 SF · lease $25.20/SF/yr · vacancy 12.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$482.0K
$421.7K – $562.3K
NOI $33,737 @ 7.0% cap · market cap 7.85%
Second Best
Office B
$319.7K
$279.7K – $372.9K
NOI $22,376 @ 7.0% cap · market cap 5.21%
Theoretical Best
Specialty Retail
$549.7K
$481.0K – $641.3K
NOI $38,476 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Updated office space with 10 private offices and an ADA-compliant bathroom, positioned directly across from Memorial Hospital.
Where is this medical office space located?
The property is located at 1716 Oak Park Blvd Boulevard Lake Charles, LA.
What is the asking price?
The asking price for this property is $429,500.
What are key features of this property?
This property features: 2550 SF updated, move‑in ready office space across from Memorial Hospital; Includes 10 private offices; 3 bathrooms total, including one ADA‑compliant bathroom
