1628 Ryan St, Lake Charles, LA 70601-5949

This exceptional 7,825-square-foot single-story office building presents a compelling value-add investment opportunity in Lake Charles, Louisiana. Located at the highly visible southeast corner of Ryan Street and Dr. Michael Debakey Drive, this Class B property boasts a prime location just south of the city's downtown core. Currently, 2,000 square feet are leased to a credit-rated national tenant under a modified lease agreement, leaving 5,825 square feet available for owner-occupancy or lease. The building, constructed in 1980, features a brick exterior and ample parking with 32 spaces. The 1.346-acre lot is zoned for Business (B) and Mixed Use (MU), offering flexibility for future development. The property's strategic location provides easy access to Interstates 10 and 210, ensuring excellent connectivity. Nearby amenities include CHRISTUS Ochsner St. Patrick Hospital, Prien Lake Mall, casinos, Chennault International Airport (KCWF), and Lake Charles Regional Airport (LCH). The asking price is $1,100,000, representing a price per square foot of $140.58. The current occupancy rate is 25.56%. This property offers a unique blend of income generation and owner-occupancy potential in a thriving Louisiana market.