1800 Ryan St - Loft/Creative Space FOR SALE


Lake Charles, LA 70601- Downtown Lake Charles
$1,400,000 USD
337-439-1079
1800 Ryan St, Lake Charles, LA for Sale
$1,400,000 USD
Loft/Creative Space - FOR SALE
1/5
null | 5.75% Cap Rate

1800 Ryan St
Lake Charles, LA 70601
Downtown Lake Charles


HIGHLIGHTS

  • Easy access to I-10, 210, Downtown, City & Parish Government Offices, Hospital & Medical Community, Financial Offices & Restaurants
  • 15,841 total SqFt, 13,875 Heated and Cooled
  • Opportunity for owner-investor to utilize all or part of the currently available suite offering 3411 SqFt
  • 65 Parking Spaces with 2 covered
  • Attractive exterior that includes a covered walkway/porch across the entire building
  • P & L Recap and Rent Roll included in brochure

OVERVIEW

Seize the opportunity to secure prime commercial office space at 1800 Ryan Street, featuring 13,875 rentable square feet and multiple suites. The building is strategically located between I-10 and I-210, making it perfectly positioned in the heart of Lake Charles, close to city and parish government offices, the financial district, shopping, restaurants, the downtown development zone, and the Christus Ochsner Hospital and medical community. The building boasts six suites, four of which are leased, making this a highly desirable investment in a popular, high-traffic area. Until the available suite is rented, this offering presents an opportunity for an owner-investor to utilize all or a portion of the available 3411 sq ft as the floor plan allows for individual office rentals, which should increase the NOI. Plus, there are four bathrooms and two kitchens within this suite. Constructed with durable brick and stucco, the property holds a prominent corner presence at the intersection of Ryan Street and 10th Street. Be sure to check out the brochure which includes a recap of the 2023 P&L as well as a Rent Roll showing the potential once the vacant suite is leased.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$101 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-tenant office building with 1 vacancy

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

Commercial

APN/PARCEL ID

01062484

ASK ABOUT THIS PROPERTY

Mary Kay HopkinsMary Kay Hopkins, LLCMore Info
337-439-1079

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Mary Kay HopkinsMary Kay Hopkins, LLCMore Info
337-439-1079

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.