Property summary
This 10,064 square foot free-standing retail building in Lake Charles, Louisiana, presents a compelling investment opportunity. Completely renovated in 2021, the property boasts a new roof, walls, lighting, electrical, and HVAC systems. The interior layout is highly functional, featuring a spacious sales floor or showroom, two offices, a substantial stockroom/storage area with an 8x8 roll-up door and approximately 15-foot ceilings, and two restrooms. Additional amenities include a break room, security room, and server room, enhancing operational efficiency. Located on a 0.72-acre lot at 3030 LA-14, the property benefits from excellent visibility and convenient access to Gerstner Memorial Highway (LA Hwy 14), just north of the I-210 Loop. The property is zoned for business use and offers a turnkey solution for a variety of retail ventures. Lake Charles's diverse economy, including significant petrochemical and gaming industries, ensures a robust market. The asking price is $1,185,000, translating to $117.75 per square foot. This property is currently vacant, providing immediate occupancy for a new tenant or owner-operator. The strategic location and recent renovations make this an exceptional opportunity for investors seeking a high-return retail asset in a thriving Louisiana market.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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