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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2621 Fruge St Lake Charles, LA 70615

1,457 SF 0.31 ac lot
Property ID
Property summary
AI-generated overview

This turnkey beauty and barber salon in Lake Charles, Louisiana, presents a fantastic investment opportunity. Priced at $225,000, this 1,457 square foot storefront sits on a highly visible 0.31-acre corner lot in Calcasieu Parish, zip code 70615, at 2621 Fruge St. The property boasts separate entrances for the beauty and barber shop areas, offering flexibility for a multi-business operation or expansion. Inside, you'll find a fully equipped salon, a dedicated office space, a complete kitchen, three bathrooms, and ample storage. The abundance of parking ensures convenient access for clients. The existing salon equipment is negotiable, allowing for a seamless transition or the opportunity to customize the space to your vision. This property's prime location and versatile layout make it an ideal investment for entrepreneurs seeking a thriving business in a high-traffic area. The asking price of $225,000 translates to $154.43 per square foot. The land value per square foot is not currently assessed. This is a rare opportunity to acquire an established business with significant potential for growth. Don't miss out on this exceptional offering.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,457 SF
Lot 0.31 ac (13,504 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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