Historical Office Sale Listing - Covington Center

Office For Sale

This Office property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Office For Sale, Covington, KY or Kentucky

Covington Center

624 Madison Ave & 19 East Pike St, Covington, KY 41011

N/A

70,000 SF | Office

  • Print

Office Property - Off Market

Price:
N/A
Building Size:
70,000 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Cap Rate:
11.16%
Occupancy:
94%
Building Class:
B
Tenancy:
Multiple
Year Built:
1912
Lot Size:
0.49 AC
Listing ID
13549198
Last Updated
over 1 year ago

Highlights

  • Covington is immediately across from downtown Cincinnati.
  • Classic architecture.

Description

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.

Map of 624 Madison Ave & 19 East Pike St, Covington, KY 41011

Research for 624 Madison Ave & 19 East Pike St, Covington, KY 41011 (Kenton County)

  • Demographics – Population, income & other demographics near 624 Madison Ave & 19 East Pike St
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
Created 9/25/2002