227 Highway 171Lake Charles, LA 70611

  • Strip malls
For Sale
$2,000,000 View listing

Property Details for 227 Highway 171

Property type
Strip malls
Property subtype
Neighborhood centers
APN
736
APU
736

Description

This exceptional commercial property, located at 227 Highway 171 N in Lake Charles, Louisiana, presents a compelling investment opportunity. Situated on a substantial 39,474 square foot lot, this property enjoys a highly visible location along Highway 171, boasting a daily traffic count exceeding 31,000 vehicles. Currently housing three occupied units, each secured by a five-year lease, the property offers immediate income generation and long-term stability. Two of the tenants are successful food service businesses, catering to the area's consistent demand for dining options, while the third is a retail establishment, creating a diverse tenant mix. The building itself is a well-maintained structure featuring a metal frame with a brick façade and a durable metal roof. Energy efficiency is ensured by spray foam insulation. Two convenient access points, one from Highway 171 and another from Armistead Lane, enhance visibility and accessibility. Tenants are responsible for their own signage, minimizing maintenance for the owner. This property offers a unique blend of high traffic visibility, stable income, and a well-constructed building, making it an ideal investment for discerning buyers seeking a strong return on investment in the thriving Moss Bluff market. The asking price is $2,000,000. The property is zoned for commercial use and located in Calcasieu Parish, zip code 70611.

Location Insight

City
Lake Charles
County
Calcasieu
State
Louisiana
Latitude
30.303
Longitude
-93.1958
CBSA code
29340
CBSA name
LAKE CHARLES, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,880
$13,000
$51,530
$64,530
-
$130,000
$343,533
$473,533

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