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Multi-Building Mixed-Use Property
For Sale
$1,500,000

103 N Polk Street, Covington, LA 70433

Four parcels combine warehouse, retail, residential or office space, and a vacant commercial lot.

Property Size1,125 SF
Price / SF$1,333
Days on Market110

Property Features for 103 N Polk Street

General Information

Standard status Active
Size 1,125 SF
Property subtype Commercial
Zoning NC

Site & Location

Corner Location Yes
Mixed-Use Components warehouse, retail, residential

Building Details

Building Size 1,125 SF
Year Built 2024
Buildings 3
Stories 1
Listing Agency: 1 Percent Lists
Listed By: Lori Jas · License #995704378
Source: Cypresskeyrealty
Added: Jul 7 Changed: Oct 23 Last Checked: Oct 23 at 4:46PM

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 1 Percent Lists

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Investment Insights

Based on property information with market context.

Offered together, this four-parcel property includes three buildings and a vacant commercial lot. The improvements comprise a warehouse and storage building, a retail building with approximately 2,906 square feet, and a two-bedroom, one-bath house that can serve residential or professional office use. The seller is willing to lease the retail building back for up to 12 months following closing.

The parcels meet at the corner of N. Polk Street and W. 21st Avenue in Covington. The three improved parcels carry Neighborhood Commercial zoning, while the vacant lot is zoned Commercial. The four properties are being sold as a single offering; the parcels are not available separately. The sale includes the real estate only, not the operating business.

Key Highlights

  • Four parcels offered together, with three buildings and an additional vacant commercial lot
  • Retail building contains approximately 2,906 square feet; seller may lease it back for up to 12 months after closing
  • Improvements include a warehouse/storage building and a two‑bedroom, one‑bath house suitable for residential or office use

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center Tanning Salon Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

1,052
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four parcels combine warehouse, retail, residential or office space, and a vacant commercial lot.
Where is this mixed-use property located?
The property is located at 103 N Polk Street Covington, LA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four parcels offered together, with three buildings and an additional vacant commercial lot; Retail building contains approximately 2,906 square feet; seller may lease it back for up to 12 months after closing; Improvements include a warehouse/storage building and a two‑bedroom, one‑bath house suitable for residential or office use
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