3450 5Th Ave Lake Charles, LA 70607
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.