Investment Opportunity-Lake Charles

Retail-Commercial for Sale
Catylist Listing ID: 30823190
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 5,000 SF
Sale Price: $229,500
Unit Price: $45.90 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 5,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/28/2024

Overview / Comments

Great opportunity in Lake Charles. 5000 sf building on the corner of Gerstner Memorial Hwy & Eighth Street. 13ft ceiling with 3 roll up doors. Flood Zone X, Zone B2. Built in the 1950's but electrical and roof has been updated. It also has 4 bathrooms and 4 separate electrical meters.

Additional Details

Nearest MSA: Lake Charles
County: Calcasieu
Tax ID/APN: 031008-0868-C -0001
Zoning: B2
Retail Clientele: General, Family, Business
Property Located Between: Gersneter Memorial & Eighth Street
Property Visibility: Excellent
Largest Nearby Street: Gerstner Memorial
Feet of Frontage: 131
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Property Condition: Excellent
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,254 50,221 93,285
Median Age: 36.8 35.25 36.51
Households: 3,363 19,594 36,824

Contact

Photograph of Listing Agent

Brent Cordell

KPG Realty, LLC Covington, LA 70433
LACDB Member
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