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12 W 5th St 14,700 SF Specialty Building Offered at $599,900 in Covington, KY 41011
INVESTMENT HIGHLIGHTS
- Richly Historic Church
- Two buildings included
- Centrally Located near Prominent Development
EXECUTIVE SUMMARY
Rich in Covington History, The First Christian Church of Covington offers a special opportunity for an investor with vision. Encased in the walls are priceless, perfectly kept stained glass windows that tell the stories of the past. Originally built in 1853 but succumbed to fire and rebuilt in 1894, this Historic Church is situated in Covington's Downtown corridor and is literally steps from the new development site currently underway. Totaling nearly 15,000 sq ft across 2 buildings, the purchase includes the main building, the parsonage at #10 and 3 parking spaces in the rear. The property abuts a City parking lot and it may be possible to arrange parking for future use. Quartersawn timbers line the staircases and sanctuary ceilings. Building is equipped with an elevator for easy access between floors. There are a total of three floors with a lower-level production kitchen, multiple classrooms on the first floor and upper-level sanctuary. Solid maintenance has been performed on multiple HVAC systems and mechanical systems. This is an architectural gem not to be missed! Shown by appointment with listing agent.
PROPERTY FACTS Under Contract
| Price | $599,900 | Lot Size | 0.19 AC |
| Price Per SF | $40.81 | Building Size | 14,700 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Redevelopment Project | Year Built | 1893 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Religious Facility | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | DTC-HP - DTC-HP | ||
| Price | $599,900 |
| Price Per SF | $40.81 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 14,700 SF |
| No. Stories | 1 |
| Year Built | 1893 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
| Zoning | DTC-HP - DTC-HP |
AMENITIES
- Wheelchair Accessible
- Air Conditioning
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 054-21-17-011.00 | Improvements Assessment | $2,370,000 |
| Land Assessment | $130,000 | Total Assessment | $2,500,000 |
PROPERTY TAXES
Parcel Number
054-21-17-011.00
Land Assessment
$130,000
Improvements Assessment
$2,370,000
Total Assessment
$2,500,000
CONTACT
-
Rebecca Weber -
Comey & Shepherd Realtors
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12 W 5th St
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