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Property profile & analytics
OFF-MARKET
Specialty properties

1639 Ryan St Lake Charles, LA 70601

12,000 SF 1.08 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 12,000 square foot commercial property in Lake Charles, Louisiana, presents a unique investment opportunity. Previously operating as a successful catering and event venue, this single building sits on a 1.08-acre lot and includes a substantial 3,692 square foot ballroom, a fully equipped commercial kitchen, six private offices, a large conference room, seven restrooms, a kitchenette, and four storage closets. The property boasts ample on-site parking, exceeding the typical ratio with an additional 0.26 acres of parking per 1,000 square feet. Significant improvements have been made post-hurricanes Laura and Delta, including a new roof, new flooring, and fresh paint throughout most of the building. The property is zoned in flood zones X and AE. The asking price for this versatile property is $900,000. The property's address is 1639 Ryan St, Lake Charles, LA 70601, and its APN is 061008-1690-7 -0008. This property is ideal for a variety of uses, offering a blend of executive office space and large event capabilities. Its prime location and recent renovations make it a highly attractive investment.

Property profile
Verified
Property type Specialty properties
Total area 12,000 SF
Lot 1.08 ac (47,045 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
Current use
Occupant on record · Public records
  • rotary club of greater lake charles Association / Organization
  • Living Word Christian Center Church
  • Ships Ahoy Children's Academy Daycare Center
  • Cathy Banks Foster Care Service Social Service Agency
  • Royalty Dance Academy LLC Training Center
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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