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Four-Parcel Mixed-Use Property
For Sale
$1,500,000

121 N POLK Street, Covington, LA 70433

Commercial Sale, Covington, LA

Property Size1,060 SF
Lot Size0.13 Acres
Price / SF$1,415
Days on Market110

Property Features for 121 N POLK Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning NC
Parking features Off Street
Directions From W 21st to N Polk St
Standard status Active
APN 18264
Size 1,060 SF
Lot size 0.13 Acres

Site & Location

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

Taxes and HOA fees

Tax Description PT LOTS 6 7 AND ALLEY SQ 2108 NEW COVINGTON CB 549 58 CB 987 318 CB 1291 537 INST NO 1370676 INST NO 1584223 INST NO 1651177
Legal Description PT LOTS 6 7 AND ALLEY SQ 2108 NEW COVINGTON CB 549 58 CB 987 318 CB 1291 537 INST NO 1370676 INST NO 1584223 INST NO 1651177

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1935
Floors in Building 1
Building materials Wood Siding
Buildings 3
Listing Agency: 1 Percent Lists
Listed By: Lori R Jas · License #995704378
Added: Jul 7 Changed: Oct 23 Last Checked: Oct 24 at 12:06PM
MLS# 2566437

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This Covington offering comprises four parcels sold together, with three buildings and one vacant commercial lot. The improvements include a warehouse and storage building, a roughly 2,906-square-foot retail property, and a two-bedroom, one-bath house that can serve as a residence or professional office. The seller is willing to lease back the retail building for up to 12 months after closing. The business operating there is not part of the sale; the offering is limited to the real estate.

The improved parcels carry Neighborhood Commercial zoning, while the vacant lot is zoned Commercial. The property is situated at the corner of N. Polk Street and W. 21st Avenue, with the included lot addressed on W. 22nd Street. The parcels must be acquired as a single offering and will not be separated.

Key Highlights

  • Four parcels offered together: three improved parcels and one vacant commercial lot
  • Retail building contains approximately 2,906+/- square feet
  • Seller willing to lease back the retail building for up to 12 months after closing

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
View Realmo Analytics

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 - The assemblage combines retail and warehouse buildings, a two-bedroom house, and an additional commercial lot.
Where is this mixed-use property located?
The property is located at 121 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: three improved parcels and one vacant commercial lot; Retail building contains approximately 2,906+/- square feet; Seller willing to lease back the retail building for up to 12 months after closing
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