Multi-tenant office building with 1 vacancy 1800 Ryan St 13,875 SF 66% Leased Office Building Lake Charles, LA 70601 $1,901,200 CAD ($137.02 CAD/SF) 5.75% Cap Rate

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.