Description
Located at the busy intersection of Lake Street and W Prien Lake Road, this income-producing property offers excellent visibility and drive-by exposure in a well-established commercial area of Lake Charles. The property is currently leased to solid national and regional tenants, generating steady income with low upkeep.The existing building offers approximately 7,900sq ft of finished space, including dedicated office use. Preliminary plans have been drawn for a potential 6,300 sq ft expansion, bringing the total possible building area to around 14,200sq ft. While the addition hasn't been built, the opportunity is there for future growth.The site includes ample parking, with a parking ratio of 1 space per 128 gross square feet. The property generates a net operating income of approximately $202,900 annually. A great opportunity to own a performing asset with future development potential in a high-visibility location. Contact listing agent for more details.
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0BEDS
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1.57ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Located at the busy intersection of Lake Street and W Prien Lake Road, this income-producing property offers excellent visibility and drive-by exposure in a well-established commercial area of Lake Charles. The property is currently leased to solid national and regional tenants, generating steady income with low upkeep.The existing building offers approximately 7,900sq ft of finished space, including dedicated office use. Preliminary plans have been drawn for a potential 6,300 sq ft expansion, bringing the total possible building area to around 14,200sq ft. While the addition hasn't been built, the opportunity is there for future growth.The site includes ample parking, with a parking ratio of 1 space per 128 gross square feet. The property generates a net operating income of approximately $202,900 annually. A great opportunity to own a performing asset with future development potential in a high-visibility location. Contact listing agent for more details.
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