Property profile

604 Arthur Ave Lake Arthur, LA 70549

OFF-MARKET
Office Spaces
2,772 SF 0.35 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional commercial property, located at 604 Arthur Ave in Lake Arthur, Louisiana, presents a unique investment opportunity. Priced at $70,000, this single-story, 2,772 square foot building sits on a sizable 0.35-acre lot (100' x 145'), offering ample space for various commercial ventures. Built in 1950, the structure boasts a classic design and has served as a Masonic Lodge. The interior features a large open room, ideal for flexible layouts, complemented by a functional kitchen, bathroom, and convenient storage rooms. The property's zoning is commercial, allowing for a wide range of uses. Its prime location near downtown Lake Arthur provides excellent visibility and accessibility. The building's dimensions are 36' x 77', situated on a corner lot, enhancing its prominence. The property's APN is 8110001952. This is a rare opportunity to acquire a well-located, versatile commercial building in a thriving Louisiana community. The property is ready for immediate occupancy and offers significant potential for return on investment. Don't miss this chance to own a piece of Lake Arthur's commercial landscape. The zip code is 70549.

Property profile

Verified
Property type Office Spaces
Year built 1950
Total area 2,772 SF
Lot 0.35 ac (15,246 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

604 Arthur Ave Lake Arthur, LA 70549
Lake Arthur metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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