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Property profile & analytics
FOR SALE
Strip malls

813 3Rd Ave Lake Charles, LA 70601

Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US36-1453668
Property summary
AI-generated overview

This exceptional commercial property at 813 3rd Avenue in Lake Charles, Louisiana, presents a unique investment opportunity. Located in the heart of downtown, this 9,800 square foot building enjoys high visibility from its corner lot and benefits from easy access to Interstate 10. Currently operating as a successful furniture store, the property offers a turnkey solution for prospective buyers. The seller is retiring, providing the option to continue the existing business or adapt the space to suit a new venture. The building features a recently updated metal roof and air conditioning system, ensuring reliable infrastructure. Multiple bathrooms and offices are included, catering to diverse business needs. This property is ideally suited for a range of commercial uses and represents a strong investment in a growing market. The asking price is $497,500. The property is zoned for commercial and manufacturing uses and sits on a sizable lot in Calcasieu Parish, zip code 70601. Don't miss this chance to own a thriving business and prime real estate in a vibrant Louisiana city.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
APN 836729
UPID US36-1453668
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
  • Lake Charles Furniture Furniture & Home Goods Home Decor Store
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
James T Moore · 2 yrs held
James T Moore
since 2024
Last sale
$170,000
3 recorded transactions
2024
$170,000
2021
Price N/A
2021
$20,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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