Covington, IN
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    Covington, IN Commercial Real Estate for Sale

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    Williamsport, IN Veedersburg, IN Danville, IL
    9 listings
    NNN Leased Dollar General Store
    $825,000
    8,000 SF
    NNN Leased Dollar General Store

    421 Jefferson St, Covington, IN 47932

    Long-term NNN leased Dollar General in downtown Covington, Indiana.
    • Fortune 150 Investment Grade Tenant (Dollar General)
    • Corporate Guarantee with Strong BBB Credit Rating
    • High Placer AI Traffic indicating strong sales
    • 3+ Years of Lease Term Remaining
    • Center City Location with high walk traffic and proximity to retail, banks, and government buildings
    Updated: Nov 21, 2025
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    Vacant Land in Covington, Indiana
    $139,000
    8.00 Acres
    Vacant Land in Covington, Indiana

    TBD S STRINGTOWN RD, Covington, IN 47932

    8 acres of wooded and cropland with building potential.
    • 8+/- acres of land offering a blend of nature and utility.
    • Enjoy the balance of 50% wooded area and 50% cropland.
    • Flexible build site options allow you to choose between open land or a secluded wooded setting.
    • Features garage parking.
    • Priced at $139,000.
    Updated: May 14
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    Covington Vacant Land For Sale
    $165,000
    7.50 Acres
    Covington Vacant Land For Sale

    7.5+/- acres for a rural homestead location.

    TBD S STRINGTOWN RD, Covington, IN 47932

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    Vacant Land in Covington, Indiana
    $420,000
    25.00 Acres
    Vacant Land in Covington, Indiana

    25+/- acre vacant land suitable for hunting or farmstead.

    TBD S STRINGTOWN RD, Covington, IN 47932

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    Vacant Land in Covington, IN
    $135,000
    8.00 Acres
    Vacant Land in Covington, IN

    8+/- acres of cropland and wooded draws.

    TBD S STRINGTOWN RD, Covington, IN 47932

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    63 Acres Cropland in Covington
    $850,000
    63.00 Acres
    63 Acres Cropland in Covington

    63 acres of tillable cropland for sale in Covington, Indiana.

    TBD SR 32, Covington, IN 47932

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    25.5 Acres Cropland and Timber
    $446,250
    25.50 Acres
    25.5 Acres Cropland and Timber

    25.5 acres of cropland and hardwood timber in Covington, IN.

    TBD SR 32, Covington, IN 47932

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    Pilot Travel Center For Sale
    $13,200,000
    17,349 SF
    Pilot Travel Center For Sale

    17,349 SF Pilot Travel Center on 9.19-acre lot.

    16502 N State Rd 63, Covington, IN 47932

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    NNN Leased Dollar General Store
    $825,000
    8,000 SF
    NNN Leased Dollar General Store

    Long-term NNN leased Dollar General in downtown Covington, Indiana.

    421 Jefferson St, Covington, IN 47932

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Covington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Recreational Land with Private Pond
    $1,375,000
    141.00 Acres
    Recreational Land with Private Pond

    Approximate 141 acres featuring a nearly 3-acre private pond, trails, timber, and income-producing tillable ground.

    5150 W Wander Road, Williamsport, IN 47993

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    Industrial Land Available for Purchase
    $706,800
    17.67 Acres
    Industrial Land Available for Purchase

    Two industrial land sites available, purchase together or separately.

    21481 Rileysburg Rd, Danville, IL 61834

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    Established Bar & Grill Opportunity
    $599,900
    0.50 Acres
    Established Bar & Grill Opportunity

    Turnkey bar and grill with equipment in southeast Danville.

    3124 Perrysville Road, Danville, IL 61834

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    Productive Tilled Farmland Tract
    $476,500
    52.37 Acres
    Productive Tilled Farmland Tract

    Productive tillable farmland currently planted in soybeans, offered for separate purchase or as part of an adjoining package.

    FRYE HILL RD WILLIAMSPORT IN 47993, Williamsport, IN 47993

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    Off-Market Properties in Covington, IN

    Consider similar Off-Market properties in Covington, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    619 4th St
    PARKING LOT
    Lot: 0.20 Acres
    Value Estimation by Request

    619 4th St, Covington, IN 47932

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    215 Pearl St
    OFFICE (GENERAL)
    1,014 SF Lot: 0.10 Acres
    Value Estimation by Request

    215 Pearl St, Covington, IN 47932-1061

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    214 4th St
    OFFICE (GENERAL)
    704 SF Lot: 0.03 Acres
    Value Estimation by Request

    214 4th St, Covington, IN 47932-1222

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    2210 Us Hwy 136
    COMMERCIAL (GENERAL)
    Lot: 0.60 Acres
    Value Estimation by Request

    2210 Us Hwy 136, Covington, IN 47932

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    212 4th St
    OFFICE (GENERAL)
    704 SF Lot: 0.03 Acres
    Value Estimation by Request

    212 4th St, Covington, IN 47932-1222

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    316 Liberty St
    RETAIL STORES (PERSONAL SERVICES)
    4,290 SF Lot: 0.07 Acres
    Value Estimation by Request

    316 Liberty St, Covington, IN 47932-1243

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    312 4th St
    COMMERCIAL (GENERAL)
    4,158 SF Lot: 0.07 Acres
    Value Estimation by Request

    312 4th St, Covington, IN 47932-1225

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    1327 2nd St
    OFFICE (GENERAL)
    9,000 SF Lot: 1.11 Acres
    Value Estimation by Request

    1327 2nd St, Covington, IN 47932-1009

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    303 Washington St
    OFFICE (GENERAL)
    9,774 SF Lot: 0.12 Acres
    Value Estimation by Request

    303 Washington St, Covington, IN 47932-1256

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    318 4th St
    THEATER (MOVIE)
    3,298 SF Lot: 0.10 Acres
    Value Estimation by Request

    318 4th St, Covington, IN 47932-1225

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    2384 Us Hwy 136
    BOWLING ALLEY
    12,175 SF Lot: 3.50 Acres
    Value Estimation by Request

    2384 Us Hwy 136, Covington, IN 47932-8100

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    305 Un St
    OFFICE (GENERAL)
    3,450 SF Lot: 0.23 Acres
    Value Estimation by Request

    305 Un St, Covington, IN 47932-1251

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    121 11th St
    CAR WASH
    Lot: 0.41 Acres
    Value Estimation by Request

    121 11th St, Covington, IN 47932

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    419 Liberty St
    VACANT COMMERCIAL LAND
    Lot: 0.04 Acres
    Value Estimation by Request

    419 Liberty St, Covington, IN 47932-1245

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    2522 Us Hwy 136
    RETAIL STORES (PERSONAL SERVICES)
    1,890 SF Lot: 1.75 Acres
    Value Estimation by Request

    2522 Us Hwy 136, Covington, IN 47932-8102

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    Covington, IN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Covington, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 33,349 square feet of properties for sale, with an estimated market value of $14,850,000.

    Sale prices for business properties in Covington, IN start at $825,000, averaging $4,950,000, and reaching up to $13,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,193
    Population Growth (5Y) +3.8%
    Median Household Income $59,365
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47932 $2.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $29.09 per SF
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

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