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Property profile & analytics
OFF-MARKET
Specialty properties

1219 Martin Luther King Hwy Lake Charles, LA 70611

Property ID
Property summary
AI-generated overview

This turnkey restaurant opportunity in Lake Charles, Louisiana, presents a unique investment prospect. Located at 1219 N Martin Luther King Highway, this 2,135 square foot commercial property enjoys a high-traffic location near I-10, ensuring excellent visibility and consistent customer flow. Ample parking is available for patrons. The property is currently leased and operating as a successful restaurant, offering immediate income potential. Due to the existing lease, discretion is required during showings, and there is no for sale sign on the property. This special purpose, industrial, and land property is ideal for expanding or launching a restaurant business. The asking price is $220,000. Interested parties should inquire for details regarding the current lease terms and other pertinent information. This is a rare chance to acquire a thriving, established restaurant in a prime location. Don't miss this opportunity.

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
Current use
Occupant on record · Public records
  • Nicole’s Bakery And Taqueria Bakery Specialty Food Shop
  • Southside Roofing Roofing Company General Contractor
  • Dex Seamless Gutters - Residential Gutter Installation Services, Rain Gutter Companies Hardware & Home Improvement General Contractor
  • Wingz and Thingz, LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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