Views
Address
508 Madison Avenue, Covington, KY
Price
$ 540,000
Property Attributes
- MLS#626252
- TypeCommercial
- Listing Status Active
- CountyKenton
- CityCovington
- AreaCovington North
- Zip41011
- StyleMixed Use
- Price$ 540,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3200
- Lot Size0.07 Acres
Data Source:
Northern Kentucky MLS (NKAR)
Property Description
Wonderful 3200 sqft, brick 2-story commercial/investment opportunity!! 1st-floor rented to popular Wabi Sabi Sushi bar (current rent is $3000/month). Bar & back shelving included. Hood, alarm, outside patio/seating & walk-in cooler. 2 basement areas; 1 tenant storage. 2 rooftop A/C's - 1 is new. Rubber roof 5 years old. 2 assigned, rear parking spots. 2nd-floor gutted to studs - has water & electric. Will need complete rehab. Historic district! AS-IS! Buyer to verify all use & restrictions. No liquor license included.
| Price History | |
|---|---|
| 4/29/2026 | Listed $540,000 |
General Features
| Living Area | 3200 |
|---|---|
| Sewer | Public Sewer |
| Heating | Natural Gas,Forced Air |
| Cooling | See Remarks,Central Air,Multi Units |
| Utilities | Natural Gas Available |
| Roof | Membrane |
| Security Features | Security System |
| Construction Materials | Brick |
| Tenant Pays | All Utilities,Insurance,Interior Maintenance,Trash Collection |
| View | City |
| Levels | Two |
| Property Subtype | Mixed Use |
| Gross Income | 32400 |
| OwnerPays | Exterior Maintenance |
| Business Type | Apartments,Restaurant |
| County | Kenton |
| New Construction | false |
| Property Type | Commercial Sale |
| Attached Garage | false |
| Status | Active |
| Directions | Madison Pike to Madison Avenue or W 5th Street to Covington/Newport to Madison Avenue |
| City | Covington |
| Zoning Description | Business |
| MLS Area | K01 - Covington North |
| Lot Size Units | Acres |
| Lot Size Square Feet | 2997 |
| Property Condition | Existing Structure |
| MLS Area Minor | K01 - Covington North |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Ownership Type | LLC |
Interior Features
| Basement | Partial |
|---|---|
| Flooring | Wood |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Picture Window(s) |
Exterior Features
| Exterior Amenities | Lighting,Curbs,Sidewalks |
|---|---|
| Parking Features | Assigned,On Street |
| Water Source | Public |
| Lot Size Area | 0.07 |
| Foundation Details | Stone |
| Lot Dimensions | 27.5 x 115 |
| Lot Size Acres | 0.07 |
| Road Surface Type | Paved |
| Lot Size Source | Realist |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 41011
Price
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Listing Service of Greater Cincinnati. Real estate listings held by
brokerage firms other than Comey & Shepherd, REALTORS are marked with the MLS ™ logo
(the small logo to the left) and detailed information about them includes
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