1221 Martin Luther King Hwy Lake Charles, LA 70601
Property summary
This exceptional commercial property, located at 1221 N Martin Luther King Highway in Lake Charles, Louisiana, presents a unique investment opportunity. The main building, totaling 1,512 square feet, currently operates as a leased restaurant and enjoys high visibility due to its prime corner lot location and proximity to I-10. The property includes two additional buildings, ideal for storage or supplementary uses such as a crawfish boiling area, along with a convenient patio. Ample side parking is available for patrons. The property's strategic placement ensures consistent vehicular traffic and excellent exposure. Given the current tenant occupancy, all showings require discretion, and there is no "for sale" sign on the site. This turnkey restaurant offers immediate income potential and is perfect for expanding or starting a restaurant business. The asking price for this special purpose, industrial, and land property is $420,000. The zip code is 70601, and the property is situated in Calcasieu Parish. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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