690 Lafitte St, Mandeville, LA 70448-5200
- Commercial real estate
- 4,044 SF
- 1.00 lot acres
Current Use by Public Records
- Papillon's / Restaurant
- Angolo del Vino Wine Bar & Gelateria / Bar & Pub
Property Details for 690 Lafitte St
- Year built
- 2008
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
- APN
- 56913
- APU
- 56913
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 26, 2025 | $865,600 | Alfortish Contractors LLC | P & L 690 Lafitte LLC | Deed | — |
| Jul 2, 2021 | — | P & L Lafitte LLC | — | Deed · related | $345k · Angelo Giovannie Vancheri |
| Jun 17, 2021 | $855,000 | P & L 690 Lafitte LLC | 690 Lafitte LLC | Cash Sale Deed | $684k · Hancock Whitney Bank |
| Jun 17, 2021 | — | P And L 690 Lafitte LLC | — | Deed · related | $684k · Hancock Whitney Bank |
| May 2, 2018 | — | Sheilah Goodson | Kickstad Cafe&bike Rental LLC | Quit Claim Deed · related | — |
| May 5, 2017 | $465,000 | 690 Lafitte LLC | Kickstand Caf & Bike Rental | Deed | $372k · Resource Bank |
Description
This exceptional two-story commercial building, boasting 5,031 square feet, sits on a 0.61-acre lot in the heart of Old Mandeville, Louisiana. Its enviable location is directly across from the Mandeville Trailhead and Market, ensuring high visibility and foot traffic. Previously home to successful restaurants, Papillon's and Angolo's, the property is ideally suited for a variety of uses, including fine dining. The upper floor features a spacious covered patio, perfect for outdoor dining or events, and is well-equipped for a restaurant setting. The ground floor, also recently updated, is equally adaptable to a restaurant, bar, or smaller business. Both floors include updated his and her restrooms. Significant recent improvements include a new roof and a new HVAC system. The property is also under an active termite contract and has a history of no flooding. While current photos don't reflect the recent upgrades, professional photographs will be available on January 25th. This turnkey property presents a rare opportunity to own a meticulously maintained commercial building in a highly desirable location. The asking price is $1,200,000. Don't miss this chance to establish your business in the vibrant heart of Old Mandeville.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $735,000
- ML approach
- $770,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $700,000
- 6.5%
- $645,000
- 7%
- $600,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mandeville
- County
- Saint Tammany
- State
- Louisiana
- Longitude
- -90.0655
- Latitude
- 30.3612
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
