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401 Madison Avenue, Covington, KY 41011

$495,000

  • For Sale
  • Active
  • Commercial
401 Madison Avenue, Covington, KY 41011 View this property at 401 Madison Avenue, Covington, KY 41011
401 Madison Avenue Covington KY 41011

Property Description

Excellent opportunity to purchase a spacious & recognizable bldg w/income producing opportunities. Located within business district w/abundant visibility & traffic count. Three levels & full basement that includes 8 offices, 4 full baths, 2 conference rooms & lots of storage throughout. Two apartments on top floor/2 bdrms, 1 bath, kitchen, living & dining room per unit. Each rent for $750/month.

Full Property Details for 401 Madison Avenue

  • Price: $495,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 461997
  • Updated: 5/31/2017
  • Added: 329 day(s) ago

Property History

  • 401 Madison Avenue, Covington, KY
  • Listed at $495,000 on 11/28/16

Business

  • Business Type: Commercial

Interior

  • Rooms/Areas: Apartments, Meeting Rooms, Office Area, Reception Area
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Restrooms: 6

Exterior

  • Exterior Features: Curb/Gutter, Sidewalks

Parking

  • Parking: Off-Site Parking, Public

Location

  • Area: Covington
  • County: Kenton
  • Subdivision: Original Of Cov
  • Cross Streets: 5th Street
  • Driving Directions: I-75 to exit onto 5th St., Turn left on Madison Ave, property on the left side.
  • Location Details: Business District, Commercial Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric, Gas
  • Heating Fuel: Natural

Utilities

  • Sewer: Public
  • Water: Public

Structural Information

  • # Buildings: 2
  • Architectural Style: 3 Story
  • Construction Status: Existing Structure
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone
  • Roof: Rolled
  • Current Bldg. Use: Commercial

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Dimensions: Of Record
  • Lot Access: Public

Financial Considerations

  • Price Per Acre: $7,432,432

Disclosures and Reports

  • APN: 054-21-17-004.00

Listed by Ken Perry Realty

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Estimate the Cost

401 Madison Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

401 Madison Avenue, Covington, KY 41011 (MLS# 461997) is a Commercial property. 401 Madison Avenue is currently listed for $495,000 and was received on November 28, 2016. Want to learn more about 401 Madison Avenue? Do you have questions about finding other Commercial real estate for sale in Covington? You can browse all Covington real estate or contact a Coldwell Banker agent to request more information.

Listed by Ken Perry Realty