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Highlights

  • Located at Madison Ave and E Pike in the Heart of Covington
  • 1 mile to Newport On The Levee
  • 12 Miles to CVG Airport
  • 1.5 miles from all Areans/Stadiums
  • 3/4 Mile from I-71/75
  • 1 mile from 25+ restaurants

All Available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Basement
  • 3,000 SF
  • 5 Years
  • $24.00 /SF/YR $2.00 /SF/MO $72,000 /YR $6,000 /MO
  • Retail
  • Shell Space
  • Now

Basement is part of 1st Floor Lease: A beautifully reimagined first-floor retail space in one of Covington’s most iconic historic buildings. Originally built in 1896 as Eilerman’s Department Store, this four-story property is currently being renovated into a mix of Class A office and retail spaces. Located at one of the most prominent corners in Downtown Covington, it sits alongside Hotel Covington, North by Hotel Covington, The Hannaford, Ripple Wine Bar, and four major banks—offering unmatched visibility and foot traffic. The available space features soaring 18-foot ceilings, expansive south-facing windows with decorative iron guards, a mezzanine level, and a full-height basement with 10'+ ceilings. New storefront glass will be installed and could potentially be customized to suit the tenant’s needs, providing a unique opportunity to create a one-of-a-kind space in a thriving urban district. This is one of the final key retail spaces to activate, making it an exceptional leasing opportunity for businesses looking to be part of Covington’s continued growth.

  • Lease rate does not include utilities, property expenses or building services
  • Central Air and Heating
  • High Ceilings
  • Basement
  • Anchor Space
  • Corner Space
  • Finished Ceilings: 18’
  • 1st Floor
  • 4,250 SF
  • 5 Years
  • $24.00 /SF/YR $2.00 /SF/MO $102,000 /YR $8,500 /MO
  • Retail
  • Shell Space
  • Now

A beautifully reimagined first-floor retail space in one of Covington’s most iconic historic buildings. Originally built in 1896 as Eilerman’s Department Store, this four-story property is currently being renovated into a mix of Class A office and retail spaces. Located at one of the most prominent corners in Downtown Covington, it sits alongside Hotel Covington, North by Hotel Covington, The Hannaford, Ripple Wine Bar, and four major banks—offering unmatched visibility and foot traffic. The available space features soaring 18-foot ceilings, expansive south-facing windows with decorative iron guards, a mezzanine level, and a full-height basement with 10'+ ceilings. New storefront glass will be installed and could potentially be customized to suit the tenant’s needs, providing a unique opportunity to create a one-of-a-kind space in a thriving urban district. This is one of the final key retail spaces to activate, making it an exceptional leasing opportunity for businesses looking to be part of Covington’s continued growth.

  • Lease rate does not include utilities, property expenses or building services
  • Central Air and Heating
  • Corner Space
  • Finished Ceilings: 18’
  • Incredible Downtown Covington views
  • Heart of Covington's Central Business District
  • Anchor Space
  • Private Restrooms
  • High Ceilings
  • Basement
  • Large open floor plans
  • 16 On Site Parking Spots
Space Size Term Rental Rate Space Use Build-Out Available
Basement 3,000 SF 5 Years $24.00 /SF/YR $2.00 /SF/MO $72,000 /YR $6,000 /MO Retail Shell Space Now
1st Floor 4,250 SF 5 Years $24.00 /SF/YR $2.00 /SF/MO $102,000 /YR $8,500 /MO Retail Shell Space Now

Basement

Size
3,000 SF
Term
5 Years
Rental Rate
$24.00 /SF/YR $2.00 /SF/MO $72,000 /YR $6,000 /MO
Space Use
Retail
Build-Out
Shell Space
Available
Now

1st Floor

Size
4,250 SF
Term
5 Years
Rental Rate
$24.00 /SF/YR $2.00 /SF/MO $102,000 /YR $8,500 /MO
Space Use
Retail
Build-Out
Shell Space
Available
Now

Basement

Size 3,000 SF
Term 5 Years
Rental Rate $24.00 /SF/YR
Space Use Retail
Build-Out Shell Space
Available Now

Basement is part of 1st Floor Lease: A beautifully reimagined first-floor retail space in one of Covington’s most iconic historic buildings. Originally built in 1896 as Eilerman’s Department Store, this four-story property is currently being renovated into a mix of Class A office and retail spaces. Located at one of the most prominent corners in Downtown Covington, it sits alongside Hotel Covington, North by Hotel Covington, The Hannaford, Ripple Wine Bar, and four major banks—offering unmatched visibility and foot traffic. The available space features soaring 18-foot ceilings, expansive south-facing windows with decorative iron guards, a mezzanine level, and a full-height basement with 10'+ ceilings. New storefront glass will be installed and could potentially be customized to suit the tenant’s needs, providing a unique opportunity to create a one-of-a-kind space in a thriving urban district. This is one of the final key retail spaces to activate, making it an exceptional leasing opportunity for businesses looking to be part of Covington’s continued growth.

  • Lease rate does not include utilities, property expenses or building services
  • Anchor Space
  • Central Air and Heating
  • Corner Space
  • High Ceilings
  • Finished Ceilings: 18’
  • Basement

1st Floor

Size 4,250 SF
Term 5 Years
Rental Rate $24.00 /SF/YR
Space Use Retail
Build-Out Shell Space
Available Now

A beautifully reimagined first-floor retail space in one of Covington’s most iconic historic buildings. Originally built in 1896 as Eilerman’s Department Store, this four-story property is currently being renovated into a mix of Class A office and retail spaces. Located at one of the most prominent corners in Downtown Covington, it sits alongside Hotel Covington, North by Hotel Covington, The Hannaford, Ripple Wine Bar, and four major banks—offering unmatched visibility and foot traffic. The available space features soaring 18-foot ceilings, expansive south-facing windows with decorative iron guards, a mezzanine level, and a full-height basement with 10'+ ceilings. New storefront glass will be installed and could potentially be customized to suit the tenant’s needs, providing a unique opportunity to create a one-of-a-kind space in a thriving urban district. This is one of the final key retail spaces to activate, making it an exceptional leasing opportunity for businesses looking to be part of Covington’s continued growth.

  • Lease rate does not include utilities, property expenses or building services
  • Anchor Space
  • Central Air and Heating
  • Private Restrooms
  • Corner Space
  • High Ceilings
  • Finished Ceilings: 18’
  • Basement
  • Incredible Downtown Covington views
  • Large open floor plans
  • Heart of Covington's Central Business District
  • 16 On Site Parking Spots

Property Facts

Building Type
Office
Year Built
1896
LoopNet Rating
4 Star
Building Height
4 Stories
Building Size
17,600 SF
Building Class
B
Typical Floor Size
4,400 SF
Parking
28 Surface Parking Spaces

Property Overview

Originally completed as Eilerman's Department Store in 1896, this distinguished four-story building transitioned into office space in the 1970s. Presently undergoing renovations to become a blend of class A office and retail spaces, it's located in Downtown Covington, sharing a block with Hotel Covington, North, The Hannaford, Ripple Wine Bar, and adjacent to four prominent banks. In the heart of Covington's vibrant downtown, acclaimed as a premier residential hotspot in 2024, this city boasts an enchanting urban atmosphere. Conveniently positioned across the Ohio River from Downtown Cincinnati, it offers seamless pedestrian pathways to an array of exquisite dining options, lively entertainment venues, and captivating city attractions.

  • 24 Hour Access
  • Air Conditioning

Attachments

attachment (40)
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100

Nearby Major Retailers

First Financial Bank
U.S. Bank
Huntington National Bank
Fifth Third Bank
PNC Bank
Truist
LaRosa's Pizzeria
Waffle House
Skyline Chili
Yard House
  • Listing ID: 37252850

  • Date on Market: 8/13/2025

  • Last Updated:

  • Address: 608 Madison Ave, Covington, KY 41011

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