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401-403 Madison Ave
Covington, KY 41011

Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Office/Residential
Building Size
6,522 SF
Building Class
C
Year Built/Renovated
1910/2018
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,174 SF
Slab To Slab
10’
Building FAR
2.14
Lot Size
0.07 AC
Zoning
Comm - Commercial

About 401-403 Madison Ave , Covington, KY 41011

Prime investment opportunity! This 3 story, 6500+ sq. ft. mixed use building is ideal for your future office space or investment income stream. Located one block from the Kenton County Courthouse, the first 2 floors are currently being used as individual law offices with common areas including reception, mail room, kitchenette, restrooms and conference rooms. The 3rd floor currently houses two (2) bedroom apartments with hardwood floors, high ceilings and a fireplace. The building has recently undergone a tremendous renovation. In late 2018, the roof was replaced, every single window was replaced with Pella windows, the brick was tuck-pointed and the building was painted inside and out. While the location is perfect for law offices, it can be easily be configured to be any type of office/retail space. Currently there are 12 offices, 2 being used as conference rooms. There are 2 full and 2 half baths on the first two floors, and 2 full baths on the third floor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
054-21-17-004.00
Land Assessment
$100,000
Improvements Assessment
$600,000
Total Assessment
$700,000
  • Listing ID: 15292287

  • Date on Market: 2/27/2019

  • Last Updated:

  • Address: 401-403 Madison Ave, Covington, KY 41011

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