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Property profile & analytics
OFF-MARKET
Specialty properties

3450 5Th Ave Lake Charles, LA 70607

Property ID
Property summary
AI-generated overview

This exceptional Lake Charles, LA property, encompassing three addresses (3450, 3500, and 3510 5th Avenue), offers a unique investment opportunity. The main building, totaling 12,500 square feet, is currently operating as a successful event venue, featuring a large dining/gathering room, a fully operational commercial kitchen, extensive storage areas, a sizable pantry, laundry facilities, executive and clerical offices, and restrooms. Adjacent to the main building is a 4,500 square foot, four-unit office and warehouse complex. The expansive 2.83-acre lot provides ample parking for up to 165 vehicles, including five designated handicapped spaces. The property boasts a robust 3-phase, 400-amp electrical service and five of six HVAC units are currently operational. The warehouse units have individual plumbing connections, presenting potential for future independent rental income. This versatile property is priced at $2,200,000 and offers significant potential for various commercial uses. The property is located in Calcasieu Parish, LA, zip code 70607.

Property profile
Verified
Property type Specialty properties
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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