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    OFF-MARKET
    Office Spaces

    1515 Cmn St, Lake Charles, LA 70601-6131

    Individually Owned Free & Clear
    Property ID
    US36-0073378
    Property summary
    AI-generated overview

    This exceptional commercial property at 1515 Common Street in Lake Charles, Louisiana, presents a unique investment opportunity. The 1,348 square foot building sits on a 0.23-acre lot and is offered at $225,000. This updated cottage-style structure boasts vintage charm with hardwood floors and skeleton key doors, blended with modern updates. Features include a spacious lobby/reception area, three office rooms, a half bath, a full kitchen, and a conference/inventory room. Convenient amenities include a drive-around front and rear concrete parking area, a back loading ramp, and an inviting covered front porch with locking storage. The property has been meticulously maintained, showcasing professional landscaping and an outdoor lighting irrigation system. Recent improvements include a new roof, fresh paint throughout, and a complete Pex plumbing update. The building's history includes successful use as a boutique and a law office, highlighting its versatility. High traffic and visibility on Common Street ensure excellent exposure for any business. Most furnishings are included in the sale. This is an ideal location for a variety of commercial ventures. The property's MLS number is SWL24006107. The building was constructed in 1971.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    APN 00608114A
    UPID US36-0073378
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Soulshine Counseling Plus Wellness
    Soulshine Counseling Plus Wellness
    since 2025
    Last sale
    $212,500
    2 recorded transactions
    2025
    $212,500
    2022
    $210,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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