Office Building Near Kirby
1039 Common Street Lake Charles, LA 70601
For Sale
$375,000
2,750 SF office building one block south of Kirby Street.
Property Size2,750 SF
Price / SF$136.36
Days on Market251
Property Features for 1039 Common Street
General Information
Standard status
Active
Size
2,750 SF
Property subtype
Office
Listing Agency:
(337) 304-1341
Listed By:
Andrew Vanchiere, CCIM, SIOR
(337) 304-1341
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: May 9 at 12:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Andrew Vanchiere, CCIM, SIOR
Investment Insights
Based on property information with market context.
An approximately 2,750 square foot office building is available. The property is located one block south of Kirby Street. The interior is slated for refinishing and is currently down to the studs, lacking flooring and ceiling. Parking is available in both the front and rear of the building.
Key Highlights
- ±2,750 SF office building
- Parking in front and rear
- Located one block south of Kirby Street
Financial Insights For Office B
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 | $41.3k | $15.00 |
| − Vacancy | −$9.1k | −$3.30 |
| EGI | $32.2k | $11.70 |
| − OpEx | −$8.0k | −$2.93 |
| NOI | $24.1k | $8.78 |
2,750 SF · lease $15.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$344.7K
$301.6K – $402.2K
NOI $24,131 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$592.8K
$518.7K – $691.6K
NOI $41,493 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 2,750 SF office building one block south of Kirby Street.
Where is this office building located?
The property is located at 1039 Common Street Lake Charles, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: ±2,750 SF office building; Parking in front and rear; Located one block south of Kirby Street
