210 3rd Street
Covington, IN, 47932 $ 150,000
Bedrooms-- Baths-- Sq 2,837 Monthly Estimate*
$ 1,036
for $150,000. This 2,837 square foot building was built in 1928 on a lot size of 0.09.
Great business opportunity in downtown Covington! This versatile 2,387 sq. ft. commercial building offers mixed-use potential with two separately rented spaces, ideal for a variety of business ventures, including an auto body shop, retail, storage, workshop or other commercial uses. The north side features approximately 1,200 sq. ft. of unfinished garage space with room for up to three vehicles, a small office and a paint room. Features include 13-foot ceilings, overhead doors, three-phase electric, 220-volt power, and ventilation/exhaust fans. The south side offers flexible open space suitable for retail, office, storage or other business opportunities, complete with a newer kitchenette, restroom, utility closet, storage closet and forced-air heating and cooling. Recent improvements include updated drywall, HVAC approximately 3-4 years old, and a new roof and gutters in 2024. Originally one large space, the building has been divided into two separate units, offering the flexibility to maintain the current layout or potentially convert back into one larger space. Additional features include city utilities, natural gas, partial off-street parking and a small secluded yard on the south side. Conveniently located near shopping, restaurants and State Route 136, this property offers excellent visibility and accessibility in a great downtown location. Both spaces are currently rented on month-to-month leases, providing potential rental income or an opportunity for future owner occupancy. Whether you're looking to start a business, expand your operations or invest in commercial property, this downtown Covington location offers plenty of possibilities! Buyer to verify zoning and suitability for intended use.
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FeaturesGeneralHeating Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Closing
Zoning unknown
Year Built 1928
Township Troy
Property Subtype Mixed Use
Tax Year 2025
Current Use Comm Mul Ten
County Fountain
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
High School Covington Community High School
City Covington
High School District Covington Community School Corp
MLS Area 2305 - Fountain - Troy
Lot Size Square Feet 4103
Elementary School Covington Elementary School
Middle/Junior High School Covington Middle School
Standard Status Active
Tax Lot 230635225109000016
Legal Description 018-01110-00 Op 54' Wnd 61 Mp B08-35-225-109A0
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ExteriorBuilding Area Total 2837
Lot Size Acres 0.09
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* Excluded FeaturesList ByMidwest Homes And LandBroker
ginastalcup@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,036
- Monthly Property Taxes
- $109
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Covington, IN
Average List Price $0
Percent of Sale Price 100%
About Covington, IN 2,550 Population
-3% Since 2002
$ 52,267 Median Income
42.98 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
4055325 Elementary School
4055338 Middle School
Covington Community High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $150,000 | | Listed Price |