517 Broad St Lake Charles, LA 70601-4334
This exceptional 7,596 square foot traditional office building, situated on a 1.16-acre lot at 517 Broad Street in the heart of downtown Lake Charles, Louisiana, presents a unique investment opportunity. Built in 1917, this historic property offers significant charm and character. The first floor encompasses approximately 6,969 square feet and features eleven individual offices, a dedicated copier room, a well-equipped kitchen/break room, a spacious conference room, two restrooms (his and hers), and a welcoming lobby area. Ample parking is also available on-site. For businesses requiring additional space, a second floor is available, offering four more offices, a bathroom, a kitchen, a conference room, and a reception area. The property's prime location in downtown Lake Charles provides excellent visibility and accessibility. The property's parcel number is 00584339. This single-tenancy building is ideal for a variety of professional uses and represents a rare chance to acquire a substantial and historically significant commercial property in a thriving Louisiana city. The total building size is 7,596 square feet. Serious inquiries are encouraged.
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Berry Appleman & Leiden LLP Law Firm
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Great Labor Employment Agency
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Ashley Foret Dees, LLC Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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