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    1219 Martin Luther King Hwy Lake Charles, LA 70611

    Sponsored
    For Sale
    $220,000

    Prime Location, High Traffic, Leased Restaurant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This turnkey restaurant opportunity in Lake Charles, Louisiana, presents a unique investment prospect. Located at 1219 N Martin Luther King Highway, this 2,135 square foot commercial property enjoys a high-traffic location near I-10, ensuring excellent visibility and consistent customer flow. Ample parking is available for patrons. The property is currently leased and operating as a successful restaurant, offering immediate income potential. Due to the existing lease, discretion is required during showings, and there is no for sale sign on the property. This special purpose, industrial, and land property is ideal for expanding or launching a restaurant business. The asking price is $220,000. Interested parties should inquire for details regarding the current lease terms and other pertinent information. This is a rare chance to acquire a thriving, established restaurant in a prime location. Don't miss this opportunity.

    Property Features for 1219 Martin Luther King Hwy

    General Information

    Property type
    Manufacturing properties

    HighLights

    • $220,000 asking price.
    • 2,135 SF commercial building on high‑traffic Martin Luther King Highway in Lake Charles, LA.
    • Located near I‑10 with ample parking.
    • Currently leased as a restaurant; showings require discretion (no for sale sign).
    • Special purpose property, ideal for restaurant operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nicole’s Bakery And Taqueria Bakery Southside Roofing Roofing Contractor Dex Seamless Gutters ... Gutter Cleaning Service Wingz and Thingz, LLC Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.2181477
    Latitude
    30.3502213

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Location, High Traffic, Leased Restaurant
    Where is this manufacturing property located?
    The property is located at 1219 Martin Luther King Hwy Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: $220,000 asking price.; 2,135 SF commercial building on high-traffic Martin Luther King Highway in Lake Charles, LA.; Located near I-10 with ample parking.
    Request Owner's contact information
    1219 Martin Luther King Hwy Lake Charles, LA 70611
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    Lake Charles, LA 70611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1219 Martin Luther King Hwy Lake Charles, LA 70611
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