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Building and land
105 Hwy 1077, Covington, LA 70433
Last Verified 10/12/2009
Listing ID 16176239
Description
NEW PRICE!! 1.2 acres re-zoned to NC4 with a beautiful 1,100 sf historical building fronting Hwy 1077 currently being leased for $1,800 per mo. The building is 115 years old w/beaded wood and original unique ceiling. Behind the building is a 580 sf existing improvement for Day Care Center w/executed 5 yr lease at $2,250 per mo plus $250 per mo for pass thru expenses. Balance of land has the possibility of accommodating more buildings for additional lease space.
House is not registered so the new owner can use it, move it or remove depending on property useage. Several options are also in place for the new owner. Email for options if interested.
Breakdown--$6.52 psf for land, $88,000 for house would total to listing price.
Hwy 1077, Hwy 21 and Rodney Road. High traffic Highway 21 in the fast growning area between Covington and Madisonville.
Map of 105 Hwy 1077, Covington, LA 70433 (Saint Tammany County)
Created 4/1/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.