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607 Madison Ave 2,916 SF 100% Leased Retail Building Covington, KY 41011 For Sale
INVESTMENT HIGHLIGHTS
- Walking distance to the Ohio River, Roebling Bridge, and Mainstrasse Village
- City Incentives: Potential for redevelopment support through Covington’s business programs
- Demographic Advantage: Over 286,000 residents and an average household income of $97,344 within a 5-mile radius
- 3 Floors of potential: Flexible layout ideal for retail, commercial, or residential conversion (proposed floorplans available)
- High Visibility Location: 7,224 vehicles per day along Madison Avenue
EXECUTIVE SUMMARY
Step into a rare opportunity to own a piece of Covington’s vibrant urban core. Located at 607 Madison Avenue, this three-story, 2,916 SF mixed-use building sits in one of Northern Kentucky’s most desirable pedestrian corridors—just steps away from the Ohio River, the historic Roebling Bridge, and the bustling Mainstrasse Village.
Positioned in the heart of Covington’s Central Business District, this property is surrounded by an exciting blend of culture, commerce, and connectivity. Enjoy walkable access to local favorites like Braxton Brewing, Hotel Covington, and the Republic Bank headquarters, while benefiting from proximity to the 23-acre Covington Central Riverfront redevelopment, poised to transform the area into a premier destination for business and lifestyle.
This site offers the ideal balance of historical charm and modern potential—perfect for entrepreneurs, investors, or developers looking to tap into Covington’s growing momentum.
Positioned in the heart of Covington’s Central Business District, this property is surrounded by an exciting blend of culture, commerce, and connectivity. Enjoy walkable access to local favorites like Braxton Brewing, Hotel Covington, and the Republic Bank headquarters, while benefiting from proximity to the 23-acre Covington Central Riverfront redevelopment, poised to transform the area into a premier destination for business and lifestyle.
This site offers the ideal balance of historical charm and modern potential—perfect for entrepreneurs, investors, or developers looking to tap into Covington’s growing momentum.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,916 SF
Building Class
C
Year Built
1869
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.28
Lot Size
0.03 AC
Opportunity Zone
Yes
Frontage
19’ on Madison Ave
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 054-21-22-009.00 | Improvements Assessment | $74,500 |
| Land Assessment | $25,500 | Total Assessment | $100,000 |
PROPERTY TAXES
Parcel Number
054-21-22-009.00
Land Assessment
$25,500
Improvements Assessment
$74,500
Total Assessment
$100,000
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607 Madison Ave
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