4340 Auburn StLake Charles, LA 70607

Property Details for 4340 Auburn St

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

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.

Location Insight

City

Lake Charles

County

Calcasieu Parish

State

Louisiana

Latitude

30.1779

Longitude

-93.2129

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