Multi-Use Investment Opportunity in Lake
2712 Kirkman, Lake Charles, LA 70601
Multi Family - Lake Charles, LA
Type:Multi Family
Property size:
2,331 SFLot size:
0.35 AcresPrice / SF:
$139/SF- Added:
- May 7, 2026
- Days on Market:
- 24
- Last Refresh:
- May 30 at 5:06 am
Property Features for 2712 Kirkman
General Information
- Property type
- Commercial Sale
- Property subtype
- Multi Family
- Zoning
- Business
- Parking
- 1
- Exterior features
- Regular Lot, None
- Standard status
- Active
- APN
- 00427896
- Size
- 2,331 SF
- Lot size
- 0.35 Acres
Utilities
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Building materials
- Brick, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Robbie Ingle License #912122392 (337) 304-0481
Listing office Coldwell Banker Ingle Safari R 765 Bayou Pines E, Lake Charles, LA (337) 478-1601
Listing date May 7, 2026
MLS# 4825
Listing URL
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.
HighLights
- High‑income potential: Property can generate over $4,000/month gross income when fully leased.
- Priced below 2025 appraisal: Immediate value opportunity with built‑in equity.
- Three separate structures: Includes a main building, a 2‑bedroom house, and a multi‑level unit with apartment and garage.
- Prime location: High‑visibility hard corner at Kirkman Street and Fall Street in Central Lake Charles.
- Recently updated: Main building and 2‑bedroom house have been recently updated.
- Versatile property: Multiple revenue streams and flexible use options for investors or owner‑users.
Overview
Located at the intersection of Kirkman Street and Fall Street in Central Lake Charles, this income-producing property offers multiple revenue streams and flexible use options. The property spans approximately 0.35 acres and includes three separate structures. The main building, located at 2712 Kirkman Street, has been recently updated and totals approximately 2,331 square feet. It features a 1,738 square foot open area suitable for event space, showroom, or flex use, along with two additional office spaces, each with its own restroom. The site offers accessibility, visibility, and parking, with additional space suitable for equipment laydown or future expansion. Also included is a recently updated 2-bedroom, 1-bath single-family home at 735 Fall Street, measuring approximately 997 square feet and ready for occupancy. The third structure, located at 735 1/2 Fall Street, is a multi-level unit featuring a 2-bedroom, 1-bath apartment of approximately 845 square feet, with a total under-roof area of approximately 1,650 square feet including garage and storage space below. The property is being sold as one package and presents an opportunity to acquire a multi-use asset with income potential, cash flow, and long-term upside in a strategic location. It is ideal for investors seeking diversification, live/work setups, or future commercial expansion. When fully leased, the property has the potential to generate over $4,000 per month in gross income.
Local Financial Insights For Mixed Use
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 | $36.4k | $15.60 |
| − Vacancy | −$3.6k | −$1.56 |
| EGI | $32.7k | $14.04 |
| − OpEx | −$12.3k | −$5.27 |
| NOI | $20.5k | $8.77 |
2,331 SF · lease $15.60/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$292.2K
$255.7K – $340.9K
NOI $20,455 @ 7.0% cap · market cap 6.29%
Second Best
Office B
$292.2K
$255.7K – $340.9K
NOI $20,455 @ 7.0% cap · market cap 6.29%
Theoretical Best
Specialty Retail
$502.4K
$439.6K – $586.2K
NOI $35,171 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
The Studio 2712
Art Studio
Location Insight
- Map
- Local Demand
- City
- Lake Charles
- County
- Calcasieu
- State
- Louisiana
- Longitude
- -93.209943
- Latitude
- 30.204826
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Versatile property with income potential on a high-visibility corner.
Where is this mixed-use property located?
The property is located at 2712 Kirkman Lake Charles, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: High‑income potential: Property can generate over $4,000/month gross income when fully leased.; Priced below 2025 appraisal: Immediate value opportunity with built‑in equity.; Three separate structures: Includes a main building, a 2‑bedroom house, and a multi‑level unit with apartment and garage.
