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$ 530,000
Est. payment | /mo
6,360 SqFt
$ 530,000
Est. payment | /mo
6,360 SqFt
Key Details
Property Type Commercial
Sub Type Business,Professional/Office,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,360 sqft
Price per Sqft $83
Subdivision Rural Tract (No Subd)
MLS Listing ID BR2025011688
Lot Size 18730.800 Acres
Acres 0.43
Property Sub-Type Business,Professional/Office,Retail
Property Description
PRIME 6-UNIT INVESTMENT NEAR I-210 IN LAKE CHARLES W/CAP RATES of 14.39% TO 18.46%, AND NOI UP TO $97,849/YEAR Located at 2708 Kirkman St., this +-6,360 SF (~$83.33/SF) stand-alone office/retail building offers +-120 ft of frontage and unbeatable visibility on a high-traffic corridor with over 17,000 vehicles/day. Minutes from I-210 & sited on a +-16,875 SF CORNER LOT. Zoned Business/Commercial District C-3, this well-maintained building was updated in 2021 w/NEW ROOF, fresh exterior paint, & updated flooring. Includes 6 individual entrances & flexible layout--ideal for professional offices, medical, or retail use. Three suites (101, 103, 106) currently leased to long-standing tenants (construction company, barber, & dance studio). Three suites (102-currently occupied by owner & will vacate upon AOS), 104, 105) are available, offering owner-occupants the opportunity to move in while generating immediate rental income. INVESTOR HIGHLIGHTS: * Immediate cash flow: With CAP rates ranging from 14.39% to 18.46% w/projected Net Operating Income (NOI) reaching up to $97,849/year. *Prime Location: Corner lot situated at a strategic intersection w/exceptional visibility, easy access, & high traffic count. Less than 4 minutes to I-210. Surrounded by restaurants, service providers & businesses. *Strong Market Demand: Located within an active commercial corridor experiencing steady economic growth. *Versatile Use: Ideal for retail, office, medical/professional tenants, or boutique businesses. *Stabilized Asset w/Value-Add Potential: Ideal for investors, owner-users, or 1031 exchange buyers looking for reliable cash flow w/opportunity to increase value through leasing and modernization. *Ample Parking: On-site parking & street access. *Flood Zone X -- NEVER FLOODED! All measurements approximate & should be verified by the purchaser. Zoning, overlays, & intended use to be confirmed by buyer. Property to be sold in "as is, where is" condition with Waiver of Redhibition.
Location
State LA
Zoning Commercial
Interior
Heating Central, Electric
Cooling Central Air
Flooring Concrete, Other
Exterior
Parking Features Concrete, On Site, Parking Lot, Rear Parking
Roof Type Composition
Garage false
Building
Foundation Slab
Level or Stories 1
Others
Tax ID 00326674
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Listed by Compass - Perkins