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315 N Highway 190 5,434 SF Retail Building Covington, LA 70433 $2,750,000 ($506.07/SF)

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EXECUTIVE SUMMARY

315 US 190, Covington, LA 70433 is a 5,434 SF commercial building situated on 1.05 acres with 68 parking spaces, offering exceptional visibility along heavily traveled Highway 190 and just minutes from the I-12 interchange for convenient regional access. Formerly Off Track Betting, the property features a large open area with a bar, several private offices, a walk-in cooler, and stalled restrooms, providing a highly adaptable layout suitable for retail, hospitality, showroom, or service uses. The expansive lot, abundant parking, and prime frontage combine with its interior amenities to create a unique opportunity for businesses seeking maximum exposure, functionality, and accessibility in the Covington market. 5 yr minimum lease. $27 psf plus $4.50 NNN $14,624 Size: 5,434 SF freestanding building Lot: 1.05 acres Parking: 68 spaces Location: Outstanding Hwy 190 visibility, less than 1 mile to I-12 Former Use: Off Track Betting Zoning: HC-3 – allows retail, showroom, medical, restaurant, office, and more Interior Features: Multiple offices - Walk-in cooler - Stalled restrooms - Mop room - Open area with bar - Traffic: High daily counts with excellent regional access.
Contact Jessica Keating for more information 985-789-4315

ATTACHMENTS

Site Plan

TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,434 SF
Year Built
1990
Price
$2,750,000
Price Per SF
$506.07
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.99 AC
Zoning
HC-3 - HC-1
Parking
73 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
200’ on N Hwy 190

AMENITIES

  • Dedicated Turn Lane
  • Restaurant
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 5,434 SF
  • Retail
  • In-Line
  • Now

315 US 190, Covington, LA 70433 is a 5,434 SF commercial building situated on 1.05 acres with 68 parking spaces, offering exceptional visibility along heavily traveled Highway 190 and just minutes from the I-12 interchange for convenient regional access. Formerly Off Track Betting, the property features a large open area with a bar, several private offices, a walk-in cooler, and stalled restrooms, providing a highly adaptable layout suitable for retail, hospitality, showroom, or service uses. The expansive lot, abundant parking, and prime frontage combine with its interior amenities to create a unique opportunity for businesses seeking maximum exposure, functionality, and accessibility in the Covington market. 5 yr minimum lease. $27 psf plus $4.50 NNN =$14,264. Size: 5,434 SF Contact Brent Cordell for information 985-373-6417

Space Size Space Use Position Available
1st Floor 5,434 SF Retail In-Line Now

1st Floor

Size
5,434 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 5,434 SF
Space Use Retail
Position In-Line
Available Now

315 US 190, Covington, LA 70433 is a 5,434 SF commercial building situated on 1.05 acres with 68 parking spaces, offering exceptional visibility along heavily traveled Highway 190 and just minutes from the I-12 interchange for convenient regional access. Formerly Off Track Betting, the property features a large open area with a bar, several private offices, a walk-in cooler, and stalled restrooms, providing a highly adaptable layout suitable for retail, hospitality, showroom, or service uses. The expansive lot, abundant parking, and prime frontage combine with its interior amenities to create a unique opportunity for businesses seeking maximum exposure, functionality, and accessibility in the Covington market. 5 yr minimum lease. $27 psf plus $4.50 NNN =$14,264. Size: 5,434 SF Contact Brent Cordell for information 985-373-6417

NEARBY MAJOR RETAILERS

1st Heritage Credit
IHOP
Waffle House
Planet Fitness
Copeland's Of New Orleans
BankPlus
Pj's Coffee Of New Orleans
Starbucks
Cadence Bank
Toyota

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27644
Land Assessment
$0 (2024)
Improvements Assessment
$68,468 (2024)
Total Assessment
$68,468 (2024)
  • Listing ID: 39224108

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 315 N Highway 190, Covington, LA 70433

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