Seller's Agent in 2024
Lee Delahoussaye
Stirling Properties
(985) 778-9358
2 in this area
3 Total Sales
Estimated Value: $2,012,345
Seize the opportunity to own a piece of history in the Division of St. John, in the heart of downtown Covington, LA. This expansive 6,848 square foot retail building boasts a prime location on the Tammany Trace, directly across from the Trailhead with 34 surface parking spaces and situated on 31,363 square feet or 0.72 acres.
Situated in the vibrant downtown area, this property is surrounded by a diverse array of dining options, ensuring high foot traffic and visibility. The Tammany Trace, a renowned scenic trail, provides a picturesque backdrop and attracts both locals and tourists alike.
The building's generous layout and historic charm make it an ideal candidate for a variety of business ventures. Whether you're envisioning a trendy restaurant, a chic art studio, a boutique retail space, or an innovative office environment, this property offers endless possibilities.
The building was recently renovated to include exterior painting using rhino shield ceramic coating, several of the HVAC units were replaced and the roof was redone in 2020.
Potential Uses:
Restaurant or cafe
Art gallery or studio
Boutique retail shop
Office or coworking space
Event venue
Investment Opportunity:
This unique property offers an exceptional investment opportunity in one of Covington's most sought-after areas. Take advantage of the high visibility, historic ambiance, and vibrant community to establish a thriving business.
Last Agent to Sell the Property
Stirling Properties License #000045552 Listed on: 05/17/2024
Last Buyer's Agent
Bryan Pigeon
Nations Real Estate Services LLC License #000016835
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 314 Burn Llc | $1,975,000 | None Listed On Document | |
| Once In A While Llc | $670,000 | First American Title |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 314 Burn Llc | $3,500,000 | |
| Previous Owner | Once In A While Llc | $50,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/13/2024 09/13/24 | Sold | -- | -- | -- |
| 06/04/2024 06/04/24 | For Sale | $1,975,000 | -- | $288 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $12,825 | $40,061 | $0 | $40,061 |
| 2023 | $7,843 | $71,517 | $31,456 | $40,061 |
| 2022 | $846,475 | $71,517 | $31,456 | $40,061 |
| 2021 | $8,452 | $71,517 | $31,456 | $40,061 |
| 2020 | $8,475 | $71,517 | $31,456 | $40,061 |
| 2019 | $7,577 | $61,405 | $24,683 | $36,722 |
| 2018 | $7,586 | $61,405 | $24,683 | $36,722 |
| 2017 | $7,069 | $56,662 | $18,288 | $38,374 |
| 2016 | $7,103 | $56,662 | $18,288 | $38,374 |
| 2015 | $6,976 | $54,222 | $17,500 | $36,722 |
| 2014 | $6,907 | $54,222 | $17,500 | $36,722 |
| 2013 | -- | $54,222 | $17,500 | $36,722 |
Seller's Agent in 2024
Lee Delahoussaye
Stirling Properties
(985) 778-9358
2 in this area
3 Total Sales
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Buyer's Agent in 2024
Bryan Pigeon
Nations Real Estate Services LLC
Source: ROAM MLS
MLS Number: 2450802
APN: 17806