Wedding Venue with Office
For Sale
$1,500,000
Pending
3510 5th Ave, Lake Charles, LA 70607
Event property combines hospitality facilities with divisible commercial space for multiple business occupants.
Property Size17,000 SF
Lot Size2.60 Acres
Days on Market265
Property Features for 3510 5th Ave
General Information
Standard status
Pending
Size
17,000 SF
Total Parking Spaces
165
Lot size
2.60 Acres
Warehouse & Industrial
Power
400 amps
Three-Phase Power
Yes
Additional Details
Utilities to Site
Yes
Office Units
4
Building Details
Buildings
2
Abandoned
No
Listing Agency:
Redd Properties, L.L.C.
(337) 526-0151
Listed By:
Jessica LeBlanc · License #995686877
(337) 526-0151
Source:
Exprealty
Added: Nov 11, 2025
Changed: Aug 2
Last Checked: Aug 2 at 4:36AM
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 Redd Properties, L.L.C.
Investment Insights
Based on property information with market context.
This 2.6-acre commercial property includes a 12, 500 SF event facility and a separate 4, 500 SF office and warehouse building. The primary building contains a dining and reception area, commercial food-preparation kitchen, pantry and storage areas, laundry facilities, administrative offices, and separate men’s and women’s restrooms. Six HVAC units serve the complex, with five currently operating, and the property has 3-phase, 400-amp electrical service.
The adjoining building is configured for division into four separate units, each with its own plumbing connections. One unit is currently utilized for office, florist, and warehouse functions. On-site parking accommodates up to 165 vehicles, including 5 handicap-accessible spaces. The property is located at 3510 5th Ave in Lake Charles, Louisiana.
The adjoining building is configured for division into four separate units, each with its own plumbing connections. One unit is currently utilized for office, florist, and warehouse functions. On-site parking accommodates up to 165 vehicles, including 5 handicap-accessible spaces. The property is located at 3510 5th Ave in Lake Charles, Louisiana.
Key Highlights
- 12, 500 SF event facility with dining, reception, kitchen, storage, laundry, offices, and restrooms
- Separate 4, 500 SF office and warehouse building divisible into four units
- Each office/warehouse unit has separate plumbing connections
Financial Insights For Warehouse
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 | $161.2k | $9.48 |
| − Vacancy | −$11.0k | −$0.64 |
| EGI | $150.2k | $8.84 |
| − OpEx | −$22.5k | −$1.33 |
| NOI | $127.7k | $7.51 |
17,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$3.31M
$2.90M – $3.86M
NOI $231,785 @ 7.0% cap · market cap 15.45%
Second Best
Office B
$2.13M
$1.86M – $2.49M
NOI $149,175 @ 7.0% cap · market cap 9.95%
Theoretical Best
Specialty Retail
$3.66M
$3.21M – $4.28M
NOI $256,505 @ 7.0% cap · market cap 17.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
Explore this area
Business Placement
Demographics for 70607, LA
30,339
Population
13,692
Households
2.2
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
115.3 sq mi
ZIP Area
263
Density / Sq Mi
$58,427
Median Household Income
$35,815
Median Earnings
$1,053
Median Rent
$171,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - Event property combines hospitality facilities with divisible commercial space for multiple business occupants.
Where is this wedding venue located?
The property is located at 3510 5th Ave Lake Charles, LA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 12, 500 SF event facility with dining, reception, kitchen, storage, laundry, offices, and restrooms; Separate 4, 500 SF office and warehouse building divisible into four units; Each office/warehouse unit has separate plumbing connections
