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    OFF-MARKET
    Individual retail properties

    913 2nd Ave, Lake Charles, LA 70601-4644

    Individually Owned Absentee Owner Free & Clear
    Property ID
    US36-1382934
    Property summary
    AI-generated overview

    This versatile storefront property, located at 913 2nd Ave in Lake Charles, Louisiana (zip code 70601), is offered at an asking price of $72,500. Previously used as a hair salon, this adaptable space presents numerous possibilities for various businesses. Its history includes operation as a nail salon, office, and tutoring center, showcasing its flexibility. The building's existing plumbing setup offers a unique advantage, as it retains the infrastructure from a former adjacent snow cone stand. This presents an opportunity to reinstate this feature or adapt the plumbing for other uses. The property's location in North Lake Charles provides excellent visibility and accessibility. Furthermore, the ample space allows for potential expansion, with the possibility of adding a second building to the property, significantly increasing its value and functionality. The property is currently configured as a hair salon, but the photographs provided illustrate its potential in a vacant state, allowing prospective buyers to envision their own business within its walls. This is a remarkable opportunity for entrepreneurs seeking a well-located, adaptable commercial space with significant upside potential.

    Property profile
    Verified
    Property type Individual retail properties
    Use group BARBER, HAIR SALON
    APN 592617
    UPID US36-1382934
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    CARLOS RAMON METOYER · 2 yrs held
    CARLOS RAMON METOYER
    since 2024
    Last sale
    $62,500
    1 recorded transaction
    2024
    $62,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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