Mixed-Use Retail and Gym
2503 Ryan St Lake Charles, LA 70601
2503 Ryan St, Lake Charles, LA, 70601
$795,000
For Sale
$795,000
Dual-street frontage commercial tract includes two income-producing buildings, one currently operating as a gym.
Property Size3,518 SF
Lot Size0.76 Acres
Price / SF$225.98
Days on Market117
Property Features for 2503 Ryan St
General Information
- Standard status
- Active
- Size
- 3,518 SF
- Lot size
- 0.76 Acres
Listing agency
Coldwell Banker Ingle Safari R
(337) 304-0481
Listed by
Robbie Ingle · License #912122392
(337) 304-0481
Source
Exprealty
Added: Mar 27 Updated: Jul 21 at 5:20AM Checked: Jul 21 at 5:20AM
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 Coldwell Banker Ingle Safari R
Investment Insights
Based on property information with market context.
The property consists of an approximately 0.760-acre commercial tract with two street frontages and a cleared Ryan Street portion suitable for future development. At the rear, fronting Deaton Street, are two established income-producing buildings. One building, constructed in 2020, contains approximately 1,800 square feet and is currently operating as a gym with an open layout and modern finishes. The second building at 2512 Deaton contains approximately 1,718 square feet and is configured for retail or office use with multiple rooms, reception areas, and functional workspace.
The site is located on Ryan Street with additional frontage on Deaton Street, providing dual street access. The property is described as being positioned along a major route connecting downtown Lake Charles to South Lake Charles.
According to the public remarks, both buildings are occupied and generate approximately $54,000 in annual rental income. The public remarks also indicate that the tenant is moving out on 8/30/2026 and the building will be vacant. Zoning is described as business and mixed-use, and the layout is intended to provide separation between the high-traffic frontage and the income-producing structures.
The site is located on Ryan Street with additional frontage on Deaton Street, providing dual street access. The property is described as being positioned along a major route connecting downtown Lake Charles to South Lake Charles.
According to the public remarks, both buildings are occupied and generate approximately $54,000 in annual rental income. The public remarks also indicate that the tenant is moving out on 8/30/2026 and the building will be vacant. Zoning is described as business and mixed-use, and the layout is intended to provide separation between the high-traffic frontage and the income-producing structures.
Key Highlights
- Approximately 0.760‑acre commercial tract with 100 ft frontage on Ryan St and an additional 100 ft on Deaton St, depth approx. 331 ft
- Two income‑producing buildings at the rear: one at 2020‑built gym approx. 1,800 SF and another at 2512 Deaton approx. 1,718 SF
- Total annual rental income approx. $54,000 from the two leased buildings
Local Financial Insights For Retail
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 | $46.4k | $13.20 |
| − Vacancy | −$2.1k | −$0.59 |
| EGI | $44.3k | $12.61 |
| − OpEx | −$13.3k | −$3.78 |
| NOI | $31.0k | $8.82 |
3,518 SF · lease $13.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$443.5K
$388.1K – $517.4K
NOI $31,044 @ 7.0% cap · market cap 3.90%
Second Best
Office B
$441.0K
$385.9K – $514.5K
NOI $30,870 @ 7.0% cap · market cap 3.88%
Theoretical Best
Specialty Retail
$758.3K
$663.5K – $884.7K
NOI $53,081 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
Similar For Sale Nearby
Similar Off Market Nearby
- Jazzercise Lake Charles — 901 E Prien Lake Rd Suite B, Lake Charles, LA 70601
- Success With Jess Personal Training — 901E E Prien Lake Rd # A, Lake Charles, LA 70601
- The Prickly Pear Wax and Skin Studio — 234 W Prien Lake Rd Suite 203, Lake Charles, LA 70601
- Purple Studio Women’s Gym LLC — 1000 E Prien Lake Rd suite C, Lake Charles, LA 70601
- Planet fitness sulphur lake charles LA — 607 e prien lake rd, lake charles, la 70601
FAQs
What type of property is this?
Fitness center & gym - Dual-street frontage commercial tract includes two income-producing buildings, one currently operating as a gym.
Where is this fitness center & gym located?
The property is located at 2503 Ryan St Lake Charles, LA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Approximately 0.760‑acre commercial tract with 100 ft frontage on Ryan St and an additional 100 ft on Deaton St, depth approx. 331 ft; Two income‑producing buildings at the rear: one at 2020‑built gym approx. 1,800 SF and another at 2512 Deaton approx. 1,718 SF; Total annual rental income approx. $54,000 from the two leased buildings
