2708 Kirkman St ##1-6 Active Save Request In-Person Tour Request Virtual Tour
Lake Charles,LA 70601
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,360 sqft
Price per Sqft $83
Subdivision Rural Tract (No Subd)
MLS Listing ID 2025011688
Lot Size 0.430 Acres
Property Sub-Type Commercial
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
County Calcasieu
Interior
Heating Central,Electric
Cooling Central Air
Flooring Concrete,Wall to Wall Carpet Floor,Other
Exterior
Garage Spaces 18.0
Fence Partial
Utilities Available Natural Gas Not Available
Roof Type Composition
Building
Lot Description Corner Lot
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition As Is