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508 Madison Avenue Covington, KY $ 540,000
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$ 540,000 Get more info
508 Madison Avenue
$ 540,000
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Share Save

508 Madison Avenue

Covington, KY, 41011
$ 540,000
Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

$ 3,325

508 Madison Avenue, Covington, KY 41011 - Image 1
508 Madison Avenue, Covington, KY 41011 - Image 2
508 Madison Avenue, Covington, KY 41011 - Image 3
508 Madison Avenue, Covington, KY 41011 - Image 4
508 Madison Avenue, Covington, KY 41011 - Image 5
508 Madison Avenue, Covington, KY 41011 - Image 6
508 Madison Avenue, Covington, KY 41011 - Image 7
508 Madison Avenue, Covington, KY 41011 - Image 8
508 Madison Avenue, Covington, KY 41011 - Image 9
508 Madison Avenue, Covington, KY 41011 - Image 10
508 Madison Avenue, Covington, KY 41011 - Image 11
508 Madison Avenue, Covington, KY 41011 - Image 12
508 Madison Avenue, Covington, KY 41011 - Image 13

Commercial Property for sale in Covington, KY

for $540,000. This 3,200 square foot building was built on a lot size of 0.07.

Wonderful 3200 sqft, brick 2-story commercial/investment opportunity!! 1st-floor rented to popular Wabi Sabi Sushi bar (current rent is $2700/month). Bar & back shelving included. Hood, alarm, outside patio/seating & walk-in cooler. 2 basement areas; 1 tenant storage. 2 rooftop A/C's - 1 is new. Rubber roof 5 years old. 2 assigned, rear parking spots. 2nd-floor gutted to studs - has water & electric. Will need complete rehab. Historic district! AS-IS! Buyer to verify all use & restrictions. No liquor license included.

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Commercial Active

Price

$ 540,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.07

Town/City

Covington

County/Region

Kenton

MLS | Web ID

626252
Features
General
Living Area 3200.0
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air See Remarks Multi Units
Utilities Natural Gas Available
Roof Membrane
Security Features Security System
Construction Materials Brick
Year Built 0
Tenant Pays Interior Maintenance Trash Collection All Utilities Insurance
View City
Levels Two
Property Subtype Mixed Use
Gross Income 32400.0
Business Type Restaurant Apartments
County Kenton
New Construction No
Property Type E
Attached Garage No
Status Active
Directions Madison Pike to Madison Avenue or W 5th Street to Covington/Newport to Madison Avenue
City Covington
Zoning Description Business
MLS Area K01 - Covington North
Lot Size Units Acres
Lot Size Square Feet 2997.0
Property Condition Existing Structure
MLS Area Minor K01 - Covington North
Living Area Units Square Feet
Standard Status Active
Ownership Type LLC
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Interior
Basement Partial
Flooring Wood
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Picture Window(s)
Total Baths 0
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Exterior
Exterior Amenities Sidewalks Lighting Curbs
Parking Features Assigned On Street
Water Source Public
Lot Size Area 0.07
Foundation Details Stone
Building Area Total 0.0
Lot Dimensions 27.5 x 115
Lot Size Acres 0.07
Road Surface Type Paved
Lot Size Source Realist
Road Frontage Type City Street
Land Lease Type Fee
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* Excluded Features
List By
Comey & Shepherd, Realtors

Broker

Ed.Ferrall@gmail.com

Email

Affordability Calculator

$3,325
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,325
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
946173 Elementary School
946012 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/6/2024$540,000 Listed Price

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508 Madison Avenue, Covington, KY, 41011 is a Commercial Property for sale at $540,000 with 3,200 sqft and a lot size of 0.07. The property's zip code is 41011 which is in Covington, KY

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