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Pennant Real Estate

[email protected] +1(225) 663-2112

$ 530,000

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2708 Kirkman St ##1-6 Lake Charles, LA 70601

6 Baths

6,360 SqFt

UPDATED:

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

Direction From I-210: Exit at Ryan Street and head north. Turn right onto E. Prien Lake Road. Continue for approximately 1 mile, then turn left onto Kirkman Street. Property will be on the right at 2708 Kirkman St., between 18th Street and 19th Street.

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

Private Pool false

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

Listed by Epique Realty

Pennant Real Estate

Broker

+1(225) 663-2112

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Baton Rouge, LA

Pennant Real Estate

2708 Kirkman St ##1-6 Lake Charles, LA 70601

Key Details

Location

Interior

Exterior

Building

Others

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2708 Kirkman St ##1-6

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