2331 Broad St Lake Charles, LA 70601-4865
- Retail space
- 0.57 lot acres
Current Use by Public Records
- B&K Complete Auto / Auto Repair Shop
- Southern Gail Creole Grill / Creole Restaurant
- Upper Echelon Creation Station / Hobby Store / Art Supply Store
- Upper Echelon Complete Care / Demolition Contractor / Debris Removal Service
Property Details for 2331 Broad St
- Lot size
- 0.57 lot acres
- Property type
- Retail space
- APN
- 274623
- APU
- 274623
Description
This exceptional investment opportunity in Lake Charles, LA, presents a 1.2-acre corner lot featuring two buildings totaling 7,500 square feet. The property includes a 6,400 square foot warehouse and a 1,077 square foot building, currently 50% occupied by a local retail tenant under a NNN lease, providing a steady income stream. Built in 1960 and renovated in 1980, this Class C industrial property offers ample parking and significant potential for future expansion. The asking price is $315,000, translating to $42 per square foot. The property consists of two single-story buildings on a 1.2-acre lot, with a total net rentable area of 7,500 square feet. This is a single-tenancy property with 100% ownership available. The address is 2331 Broad St, Lake Charles, LA 70601, located in Calcasieu Parish. This property is an ideal investment for those seeking a stable income with growth potential in a prime location. The expansive lot provides ample space for future development or expansion of the existing structures. The current tenant provides a reliable income stream, mitigating risk and offering immediate return on investment.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $235,000
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Location Insight
- Map
- Local Demand
- City
- Lake Charles
- County
- Calcasieu
- State
- Louisiana
- Longitude
- -93.1853
- Latitude
- 30.228
- CBSA code
- 29340
- CBSA name
- LAKE CHARLES, LA METROPOLITAN STATISTICAL AREA
