Central Lake Charles Commercial
2814 Tupelo St, Lake Charles, LA 70601
For Sale
$379,900
Versatile commercial property with income potential in Central Lake Charles.
Property Size2,245 SF
Price / SF$169.22
Days on Market232
Property Features for 2814 Tupelo St
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
RE/MAX ONE
Listed By:
Robert Denison · License LA #45259
(337) 526-9224
Source:
Athomerealtyla
Added: Mar 27
Changed: Oct 25
Last Checked: Oct 7 at 1:32PM
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 RE/MAX ONE
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Investment Insights
Based on property information with market context.
Located in Central Lake Charles, this commercial property is currently operating as a hair salon, generating $5,040 in monthly rental income. The building, with a size of 2,245 square feet, features four large open rooms and four additional smaller rooms, allowing for reconfiguration to suit various business uses such as a salon, boutique, office, studio, or other multi-use commercial concepts. The layout can also accommodate two separate businesses. All salon fixtures remain with the property. The current stylists have expressed interest in staying with the new owner. An adjacent lot used for client parking, accommodating approximately 20 vehicles, is included in the sale. The property offers visibility and easy access to surrounding businesses and amenities.
Key Highlights
- Turnkey income‑producing property generating $5,040 monthly rental income.
- Adjacent lot included, providing parking for approximately 20 vehicles.
- Flexible layout with four large open rooms and four smaller rooms, suitable for various business uses or dividing into two separate spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,810
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,200
$396.2K
Cap Rate 7%
$283,000
$283.0K
Cap Rate 9%
$220,111
$220.1K
Market Conditions
NOI Build-Up for 2,245 SF
Gross rent
$29.6K $13.20/SF
− Vacancy
−$1.3K −$0.59/SF
EGI
$28.3K $12.61/SF
− OpEx
−$8.5K −$3.78/SF
NOI
$19.8K $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%
$396,200
Cap Rate 7%
$283,000
Cap Rate 9%
$220,111
Alternative Uses
Best Use
Retail
$283.0K
$247.6K – $330.2K
NOI $19,810 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$483.9K
$423.4K – $564.6K
NOI $33,874 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,333
Businesses Nearby
200k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 38%
Groceries 11%
Office Supplies 3%
McDonald's
Dining
31,650 visits/mo
0.5 miles
Market Basket Foods
Groceries
22,498 visits/mo
0.2 miles
Books-A-Million
Shops & Services
21,151 visits/mo
0.2 miles
Capital One Bank
Shops & Services
20,336 visits/mo
0.4 miles
Dollar Tree
Shops & Services
16,725 visits/mo
0.2 miles
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
$164,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Lake Charles, LA
Properties on Market for Retail space in Lake Charles
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Versatile commercial property with income potential in Central Lake Charles.
Where is this retail space located?
The property is located at 2814 Tupelo St Lake Charles, LA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Turnkey income‑producing property generating $5,040 monthly rental income.; Adjacent lot included, providing parking for approximately 20 vehicles.; Flexible layout with four large open rooms and four smaller rooms, suitable for various business uses or dividing into two separate spaces.
