For Sale
$2,750,000

4340 Auburn StLake Charles, LA 70607

Prime 36K sq ft lot near McNeese

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial land opportunity, priced at $2,750,000, encompasses a substantial 36,590.4 square foot lot ideally situated in Lake Charles, Louisiana, at 4340 Auburn Street, zip code 70607. The property's strategic location is directly across from McNeese University, offering significant potential for various commercial ventures. Currently, the site features a 32-unit apartment complex, each unit a completely remodeled, never-lived-in studio apartment. Each studio boasts 540 square feet of sleek, modern living space, complete with stainless steel appliances (including dishwasher and microwave), neutral color palettes, and durable hard surface flooring. Washer/dryer connections are provided in each unit. Residents enjoy shared interior courtyard areas. All units are electric, with tenants responsible for electricity costs; however, water is included as the property is on a single meter. This property presents a compelling investment opportunity due to its size, location, and the existing, fully renovated apartment complex. Directions: From W Sale Road and Common Street, proceed south on Common Street, turn left onto Cusic Street, and then right onto Auburn Street. The apartment complex is on the right. This property is classified as Special Purpose Land.

Highlights

  • $2,750,000 asking price.
  • 36,590.4 sq ft lot.
  • Located in Lake Charles, LA, at 4340 Auburn Street, 70607.
  • Across from McNeese University.
  • 32 remodeled studio apartments (540 sq ft each), never lived in.

Property Details for 4340 Auburn St

Property type
Specialty properties, Land

Location Insight

City
Lake Charles
County
Calcasieu Parish
State
Louisiana
Latitude
30.1778973
Longitude
-93.2129465
4340 Auburn St, Lake Charles, Louisiana

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4340 Auburn St
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