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Mixed-Use Property with Three Buildings
For Sale
$1,500,000

103 N POLK Street, Covington, LA 70433

Commercial, Covington, LA

Property SizeContact for details
Lot Size0.31 Acres
Days on Market93

Property Features for 103 N POLK Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning NC
Parking features Off Street
Subdivision Not a Subdivision
Lot features Regular
Standard status Active
APN 18787
Lot size 0.31 Acres

Taxes and HOA fees

Tax Description LOT 5 .50 LOT 4 ADJ SQ 2108 NEW COVINGTON & NORTHERLY 10FT OF FORMER ALLEY CB 202 53 CB 1434 554 CB 1491 79 INST NO 935366 INST NO 1051360 INST NO 121
Legal Description LOT 5 .50 LOT 4 ADJ SQ 2108 NEW COVINGTON & NORTHERLY 10FT OF FORMER ALLEY CB 202 53 CB 1434 554 CB 1491 79 INST NO 935366 INST NO 1051360 INST NO 121

Building Details

Year built 2024
Floors in Building 1
Listing Agency: 1 Percent Lists
Listed By: Lori Jas · License #995704378
Added: Jul 7 Changed: Sep 2 Last Checked: Oct 7 at 2:06PM
MLS# 2566436

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use offering brings together four parcels with three buildings and an additional vacant commercial lot. The improvements include a warehouse/storage building at 103 N. Polk Street, a retail building at 111 N. Polk Street, and a two-bedroom, one-bath house at 121 N. Polk Street that may serve residential or professional office purposes. The retail building contains approximately 2,906+/- square feet and may be leased back by the seller for up to 12 months after closing. The real estate sale excludes the operating business.

The improved parcels carry Neighborhood Commercial zoning, while the vacant lot at 809 W. 22nd Street is zoned Commercial. All four parcels are offered together and will not be separated. The property includes off-street parking and was built in 2024.

Key Highlights

  • Four parcels sold together, including three buildings and one vacant commercial lot
  • Approximately 2,906+/- square feet of retail space at 111 N. Polk Street
  • 103 N. Polk Street includes a warehouse/storage building

Property Analytics

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Current Use

Storefront properties

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.

Lease Details

Yes
Paved road access

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four parcels combine retail, warehouse/storage, office or residential use, 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 sold together, including three buildings and one vacant commercial lot; Approximately 2,906+/- square feet of retail space at 111 N. Polk Street; 103 N. Polk Street includes a warehouse/storage building
More about this property
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