Prime Commercial Real Estate in Lake Charles, LA
The Charles Cinema in Lake Charles, LA has been For Sale for over 2 years by several real estate brokers. As a matter the of fact the cinema is located on Sale Road! The current listing shows this property as 194 days on the market.
I have wondered why this prime piece of real estate has not sold yet with its excellent South Lake Charles location. Currently listed for $1,500,000 many investors have been scared off by the extensive remodeling that would need to be done to revamp and return the Charles Cinema to its original grandeur and still see a return on investment.
Once a 3 three screen theater in South Lake Charles, the Charles Cinema building has boarded up and in disrepair since Hurricane Rita hit in 2005. Now the building is undergoing asbestos abatement and will be torn down.
Lake Charles residents will be saying goodbye to a landmark and look forward to perhaps a new restaurant or other commercial use in the future.
Once the building is demolished the vacant lot is still a prime piece of real estate located close to McNeese State University and other nearby retail outlets.
If you are a real estate investor this lot can be yours to do with what you wish! I would be happy to negotiate an investment for you! For more information, contact Marilyn Boudreaux, Century 21 Mike D. Bono & Co.'s 337-499-9592
For more information on Lake Charles Commercial Real Estate search Lake Charles Real Estate.