Downtown Lake Charles Commercial
For Sale
$325,000
1640 Ryan Street, Lake Charles, LA 70601
Commercial building in downtown Lake Charles, suitable for various businesses.
Property Size1,950 SF
Price / SF$166.67
Days on Market320
Property Features for 1640 Ryan Street
General Information
Standard status
Active
Size
1,950 SF
Class
C
Property subtype
Office/Retail Building
Building Details
Building Size
1,950 SF
Listed By:
Andrew Vanchiere, CCIM, SIOR
(337) 304-1341
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Oct 5
Last Checked: Oct 7 at 10:01AM
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.
This commercial building, with approximately 1,950 square feet of space, is located on the northwest corner of East and Ryan Streets in downtown Lake Charles. The property is currently utilized as an art gallery and framing business. The building features a charming interior and exterior façade and is zoned "Business" (Municipal).
Key Highlights
- Located in Downtown Lake Charles
- ±1,950 SF Commercial Building
- Currently Utilized as an Art Gallery & Framing Business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,207
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,140
$344.1K
Cap Rate 7%
$245,814
$245.8K
Cap Rate 9%
$191,189
$191.2K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$25.7K $13.20/SF
− Vacancy
−$1.2K −$0.59/SF
EGI
$24.6K $12.61/SF
− OpEx
−$7.4K −$3.78/SF
NOI
$17.2K $8.82/SF
Area
Calcasieu County, LA
Vacancy
4.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,140
Cap Rate 7%
$245,814
Cap Rate 9%
$191,189
Alternative Uses
Best Use
Retail
$245.8K
$215.1K – $286.8K
NOI $17,207 @ 7.0% cap · market cap 5.29%
Second Best
Office B
$244.4K
$213.9K – $285.2K
NOI $17,111 @ 7.0% cap · market cap 5.26%
Theoretical Best
Specialty Retail
$420.3K
$367.8K – $490.4K
NOI $29,423 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,304
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70601, LA
34,571
Population
16,811
Households
2.1
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
16.1 sq mi
ZIP Area
2,147
Density / Sq Mi
$49,545
Median Household Income
$34,044
Median Earnings
$938
Median Rent
$164,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Showroom - Commercial building in downtown Lake Charles, suitable for various businesses.
Where is this showroom located?
The property is located at 1640 Ryan Street 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: Located in Downtown Lake Charles; ±1,950 SF Commercial Building; Currently Utilized as an Art Gallery & Framing Business
