Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    516 Tyler St Covington, LA 70433

    For Sale
    $495,000

    Renovated Commercial Space, High Traffic Area

    Property size:
    2,161 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 2,161 square foot commercial building at 516 S Tyler Street in Covington, LA, presents a rare investment opportunity. Recently renovated, the property boasts added upstairs office/seating space, a covered rear prep area, and an additional concrete pad. Previously operating successfully as both a coffee shop and a seafood market/drive-thru and catering facility, this versatile space offers significant potential for a variety of businesses. While the city reportedly no longer permits drive-thru establishments, the existing infrastructure remains fully functional. The interior comfortably seats approximately 44 patrons, and includes tables and chairs (some miscellaneous items included

    Property Features for 516 Tyler St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,161 SF

    Building Details

    Year Built
    1977
    Insight Report Location Intelligence

    Current Use by Public Records

    Etouffée To Geaux Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    St Tammany
    State
    Louisiana
    Longitude
    -90.10942
    Latitude
    30.47449

    Nearby Similar for Sale

    • New
      $1,750,000
      8,289 SF

      Upscale Class A Office Building

      Class A office building in prime Covington location for sale.
      200 Caroline Ct, Covington, LA 70433
      View Details
    • $239,900
      2,900 SF

      Covington Office Building on Acreage

      Office building with meeting space, storage, and large lot.
      1120 Polders Ln, Covington, LA 70433
      View Details
    • $305,000
      2,370 SF

      Charming Covington Duplex Opportunity

      Duplex on quiet street, ideal for investors or owner-occupants.
      150-152 Walnut St, Covington, LA 70433
      View Details
    • $425,000
      2,880 SF

      Covington Duplex Office Investment Opportunity

      Prime commercial duplex in high-traffic Covington location with income potential.
      857 Collins Blvd, Covington, LA 70433
      View Details
    • $450,000

      Covington Vacant Land For Sale

      Vacant commercial land in prime Covington location, zoned NC-4.
      W 15Th Ave, Covington, LA 70433
      View Details
    • Contact for pricing

      Mixed-Use Retail & Office Development

      Exceptional commercial property with versatile space for various businesses.
      71178 Louisiana 21, Covington, LA 70433
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Renovated Commercial Space, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 516 Tyler St Covington, LA.
    What is the asking price?
    The asking price for this property is $495,000.
    (504) 669-8826
    Request Owner's contact information
    516 Tyler St Covington, LA 70433
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    516 Tyler St
    Covington, LA 70433
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 Tyler St Covington, LA 70433
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.