This property is Off-Market
624 Madison Ave & 19 East Pike St
Covington, KY 41011 ·
70,000 SF · Office For Sale
|Building Size||70,000 SF||Building Class||B|
|Property Sub-type||Office Building||Year Built||1912|
|Property Use Type||Investment||Lot Size||0.49 AC|
|Listing ID: 13549198||Date Created: 09/25/2002||Last Updated: 10/15/2004|
Exceptionally Stable Occupancy - Five Substantial Long-Term Tenants -
Nearly Completely Renovated (1994-2004) (New Roof; HVAC; Wiring; Plumbing; Sprinklers; Security System; Tenant Build-Out; Two Elevators)- Minimal Common Area and Management Requirements
- In the Center of the City's Renaissance District. Lease with the principal tenant has been extended to mid-2008 - can be extended further. Lease for the last remaining space in progress.
- Adjacent to Public Parking Garage
- Convenient to Downtown Cincinnati & Interstate Highways
- Attractively Priced - 11.16 Percent Cap Rate
- Excellent 1031 Exchange Property
Located at 624 Madison Ave. & 19 East Pike St.
Between Madison Ave. & Scott St.
- Covington is immediately across from downtown Cincinnati.
- Classic architecture.
1551-1553 Madison Avenue
Covington, KY 41011
For Sale · $850,000
72,525 SF Building
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