1900 Lake Street

Description

With the Nelson Road Extension Bridge well under construction and slated for completion in 2027, this 1.85 acre lot on the NW corner of Lake and Sallier offers tons of potential as the gateway to the new bridge. It is less than 1/2 miles to Christus Oschner Hospital. The convenience to downtown Lake Charles, I-10, I-210, and the convenient access to South Lake Charles once the bridge is completed makes this an exceptionally noteworthy property. The list price includes a $380,000 allowance for projected cost related to drainage and filling in the pond. Note that the adjoining property to the north is available as a separte listing. ML# Given that there have been two comparable sales on Lake Street within the last year (both corners and within 0.6 miles of this property), the price of $13.65/SqFt for a superior location is easily justified. The allowance is based on the price estimates as of April 20, 2025 that are included within the supplement section. Please note that the municipal number is estimated based on surrounding properties, but is subject to change as the city assigns the municipal #'s. The acreage size has been reduced based on the sale of 8,582 SqFt to the City of Lake Charles for use as a right turn lane. The lot dimensions do not yet reflect the sale, but the width sold along Lake Street is approximately 23'. Curb cuts will be installed on Lake and W. Sallier as part of the sale.