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Thai Restaurant with Equipment

104 Lake Dr STE 1, Covington, LA 70433

For Sale
Contact for pricing

The sale includes furnishings, fixtures, a point-of-sale system, storefront signage, and recipes.

Property SizeContact for details
Days on Market24

Property Features for 104 Lake Dr STE 1

General Information

Standard status Active
Property subtype Business for Sale

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes
Currently Operating Yes
Listing Agency: Kingsmill Property Group
Listed By: Terrie Hughes · License LA #0000033169
Source: Crexi
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 12 at 8:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kingsmill Property Group

Rey
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Investment Insights

Based on property information with market context.

This restaurant business in Covington transfers with its furnishings, fixtures, equipment, point-of-sale system, storefront signage, and Thai recipes. The current owners have operated the business for more than eight years and have offered to assist with the handoff for a couple of weeks after closing.

The business is located at 104 Lake Dr, Suite 1, in an area described as having residential subdivisions, apartments, and local businesses. Catering for nearby businesses and residents is also part of its operations.

Key Highlights

  • Furnishings, fixtures, equipment, POS system, and storefront signage included
  • Thai recipes transfer with the business
  • Current owners have operated the restaurant for 8+ years

Property Analytics

Current Use

Rakong Thai restaurant Restaurant Lee's Hamburgers Restaurant Johnny's Pizza House Take-out & Catering

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Grocery & Convenience Store Electrical Service Carpet & Flooring Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby
686k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Shops & Services 21% Superstores 19% Home Improvements & Furnishings 15%
Walmart Superstores
132,009 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
57,185 visits/mo 0.3 miles
RaceTrac Shops & Services
44,380 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
41,516 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
41,471 visits/mo 0.4 miles

Demographics for 70433, LA

41,423
Population
18,712
Households
2.2
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
48.7 sq mi
ZIP Area
851
Density / Sq Mi
$79,354
Median Household Income
$47,406
Median Earnings
$1,373
Median Rent
$316,200
Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in St. Tammany County, LA

$382 Jul
$257 Aug
$282 Sep
$278 Oct

Properties on Market for Conventional restaurants in St. Tammany County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The sale includes furnishings, fixtures, a point-of-sale system, storefront signage, and recipes.
Where is this conventional restaurant located?
The property is located at 104 Lake Dr STE 1 Covington, LA.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Furnishings, fixtures, equipment, POS system, and storefront signage included; Thai recipes transfer with the business; Current owners have operated the restaurant for 8+ years
(504) 451-8234 Call to check price and availability
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