Foreclosure
Address
516 N Jefferson Avenue, Covington, LA
Price
$ 550,000
Property Attributes
  • MLS#2403018
  • TypeLand
  • ParishSAINT TAMMANY
  • CityCovington
  • NeighborhoodNot a Subdivision
  • Zip70433
  • Style
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Gulf South Real Estate Information Network
Property Description

Located at the busy intersection of N Jefferson Ave and E 26th Ave, this vacant lot occupies a prominent position at the heart of Covington, LA. Situated in the downtown business district, it boasts direct proximity to St. Tammany 22nd Judicial District Courthouse, making it an ideal location for businesses seeking high visibility and accessibility. Spanning 13,939 SF, this commercial lot offers ample space for a range of business ventures. The Central Business District (CBD) Zoning designation ensures a favorable environment for commercial activities, making it an attractive investment opportunity. Furthermore, a variance can be pursued that will allow for inclusion of a drive-thru, providing added convenience for potential business operations. Covington is renowned for its vibrant culture, engaged community and year-round calendar of festivals and events. Residents and visitors are drawn to the lively atmosphere and rich heritage of the city. The property's proximity to the Tammany Trace Bike Path and Covington Trailhead offers opportunities for outdoor enthusiasts, encouraging foot traffic and potential customers. The downtown area is home to a diverse range of restaurants, shops, and entertainment options, making it a popular destination for locals and tourists. The weekly Covington Farmer's Market, located nearby, further enhances the area's appeal, offering a vibrant hub for local produce and artisanal goods. Covington boasts strong demographics with a growing population and a robust economy. The city's strategic location, excellent infrastructure and favorable business climate make it an attractive destination for entrepreneurs and investors. With its central location, this commercial lot presents an opportunity to tap into Covington's thriving market. Don't miss out on this chance to establish your business in Covington's CBD. Whether you're an established entrepreneur or an aspiring business owner, this prime location offers a foundation for your success.

Price History
7/8/2023 Listed $550,000

General Features

Sewer Public Sewer
Utilities Electricity Available,Natural Gas Available,Other,Phone Available,Sewer Available,Water Available
Zoning CBD
County St. Tammany
Property Type Land
Subdivision Name Not a Subdivision
Status Active
City Covington
Buyer Agent Compensation 3
Street Name JEFFERSON
Days on Market 202
Standard Status Active
Tax Lot n/a
Buyer Agent Compensation Type %
PostalCity Covington

Interior Features

Street Suffix Avenue

Exterior Features

Lot Features Corner Lot,City Lot
Water Source Public
Lot Dimensions 13939 SF
Frontage Length 147.5000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 70433

Price
AVG $500K
$550K
Visits
AVG 253
433
Data Provided by Inside Real Estate®
Walkscore
AVG 31
79
Data Provided by Walkscore® not using MLS data