517 E. Rutland Commercial Property

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30835023
Property Subtypes: Free-Standing Building, Mixed Use
Status: Pending/Contingent
Building Size (RSF): 1,650 SF
Gross Building Area: 1,750 SF
Gross Land Area: 11,400 SF
Sale Price: $595,000
Unit Price: $360.61 PSF
Ceiling: 12 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2023

Overview / Comments

Beautiful 1800's building "In the Heart of Covington"available for sale. Excellent investment property. Currently used for a dental clinic. Cypress siding exterior, heart pine floors, 12' ceilings, one bathroom, kitchen area, 3 offices, large open area for seating or retail floor area. Raised structure, on-site parking for approximately 6 cars, on street Parking and rear OxLot parking provides ample parking for most businesses. Property has a commercial zoning designation (CO - Commercial, service and professional office district). All measurements included herein are approximate. Walking distance to restaurants, banks, shopping, museums, Bogue Falaya River Park, Covington Historic District.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Taxing Authority: Syt. Tammany Parish and City of Covington
Tax ID/APN: d42c046c-5294-4bb2-8566-e8e37468660d
Retail Clientele: General, Business, Other
Property Located Between: N Vermont Street and N New Hampshire Street
Property Visibility: Excellent
Largest Nearby Street: Boston Street
Feet of Frontage: 95
Highway Access: 5 minute drive to Highway 190
Site Description: Rectaular shaped parcel, on-site parking area, landscaped,
Area Description: Historic section of Covington and business Covington, bustling with businesses, restaurants, Southern Hotel, City Hall and St. Tammany Parish Courthouse.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Pier and beam raised house, Cypresswood siding, metal roof, front porch area.
Total Parking Spaces: 6
Parking Type: Surface
Parking Description: Approximately 4 surface parking spaces, 2 covered parking spaces, on street parking, Oxlot parking.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: High 12' ceilings, original heart pine floors, original beautiful baseboards, kitchen area, on half/bath, 3 separate office rooms, large front area for waiting room and front desk area, or showroom floor space.
Zoning Description: CO - Commercial, service and professional office district
Lot Frontage: 95
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,842 26,954 58,381
Median Age: 37.46 39.02 40.19
Households: 1,629 10,588 22,274


Photograph of Listing Agent

Edward Murphy

Keller Williams Realty Services Mandeville, LA 70471
LACDB Member
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