Covington, IN Commercial Real Estate for Sale

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Rural Hunting and Farmstead Land
Updated: May 14
Rural Hunting and Farmstead Land

S STRINGTOWN RD, Covington, IN 47932

$420,000
25.00 AC lot
25+/- acres in the far southwest end of the property
Located in a quiet corner with a scenic setting
Use: hunting location or farmstead
Pricing: $16,800/acre
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Rural Hunting and Build Acreage
Updated: May 14
Rural Hunting and Build Acreage

S STRINGTOWN RD, Covington, IN 47932

$311,400
18.00 AC lot
18+/- acres suitable for hunting or a rural build site
Existing crop land with consistent setting and terrain
Wooded draw to the east comprising approximately 5 acres
Price listed at $17,300/acre
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Vacant Land in Covington, Indiana
Vacant Land in Covington, Indiana

S STRINGTOWN RD, Covington, IN 47932

$139,000
8.00 AC lot

8 acres of wooded and cropland with building potential.

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NNN Leased Dollar General Store
NNN Leased Dollar General Store

421 Jefferson St, Covington, IN 47932

$825,000
8,000 sqft

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

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Vacant Land in Covington, IN
Vacant Land in Covington, IN

S STRINGTOWN RD, Covington, IN 47932

$135,000
8.00 AC lot

8+/- acres of cropland and wooded draws.

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63 Acres Cropland in Covington
63 Acres Cropland in Covington

SR 32, Covington, IN 47932

$850,000
63.00 AC lot

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

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Single-Tenant Bank Building
Single-Tenant Bank Building

401 Washington St, Covington, IN 47932

Contact for pricing
6,364 sqft

Single-tenant bank with a lease running until 2029 and multiple five-year renewal options.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Covington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

Specialty Religious Facility Building
Specialty Religious Facility Building

5655 W 500 S, Williamsport, IN 47993

$700,000
12,804 sqft 10.00 AC lot

A 10-acre church facility with multiple classrooms, offices, kitchen amenities, and restrooms.

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Recreational Waterfront Land Tract
Recreational Waterfront Land Tract

5150 W Wander Road, Williamsport, IN 47993

$1,375,000
144.00 AC lot

For sale in Warren County, IN: 144+/- acres with a private pond, tillable ground, and established timber.

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Established Bar & Grill Opportunity
Established Bar & Grill Opportunity

3124 Perrysville Road, Danville, IL 61834

$599,900
0.50 AC lot

Turnkey bar and grill with equipment in southeast Danville.

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Bar and Grill with Equipment
Bar and Grill with Equipment

3124 Perrysville Road, Danville, IL 61834

$599,900

Established bar and grill with seating, walk-in coolers, chest freezers, and new HVAC and roof.

View details

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

619 4th St, Covington, IN 47932

Value Estimation by Request
0.20 AC lot
View details
215 Pearl St
OFFICE (GENERAL)

215 Pearl St, Covington, IN 47932-1061

Value Estimation by Request
1,014 sqft 0.10 AC lot
View details
214 4th St
OFFICE (GENERAL)

214 4th St, Covington, IN 47932-1222

Value Estimation by Request
704 sqft 0.03 AC lot
View details
2210 Us Hwy 136
COMMERCIAL (GENERAL)

2210 Us Hwy 136, Covington, IN 47932

Value Estimation by Request
0.60 AC lot
View details
212 4th St
OFFICE (GENERAL)

212 4th St, Covington, IN 47932-1222

Value Estimation by Request
704 sqft 0.03 AC lot
View details
316 Liberty St
RETAIL STORES (PERSONAL SERVICES)

316 Liberty St, Covington, IN 47932-1243

Value Estimation by Request
4,290 sqft 0.07 AC lot
View details
312 4th St
COMMERCIAL (GENERAL)

312 4th St, Covington, IN 47932-1225

Value Estimation by Request
4,158 sqft 0.07 AC lot
View details
1327 2nd St
OFFICE (GENERAL)

1327 2nd St, Covington, IN 47932-1009

Value Estimation by Request
9,000 sqft 1.11 AC lot
View details
303 Washington St
OFFICE (GENERAL)

303 Washington St, Covington, IN 47932-1256

Value Estimation by Request
9,774 sqft 0.12 AC lot
View details
318 4th St
THEATER (MOVIE)

318 4th St, Covington, IN 47932-1225

Value Estimation by Request
3,298 sqft 0.10 AC lot
View details
2384 Us Hwy 136
BOWLING ALLEY

2384 Us Hwy 136, Covington, IN 47932-8100

Value Estimation by Request
12,175 sqft 3.50 AC lot
View details
305 Un St
OFFICE (GENERAL)

305 Un St, Covington, IN 47932-1251

Value Estimation by Request
3,450 sqft 0.23 AC lot
View details
121 11th St
CAR WASH

121 11th St, Covington, IN 47932

Value Estimation by Request
0.41 AC lot
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419 Liberty St
VACANT COMMERCIAL LAND

419 Liberty St, Covington, IN 47932-1245

Value Estimation by Request
0.04 AC lot
View details
2522 Us Hwy 136
RETAIL STORES (PERSONAL SERVICES)

2522 Us Hwy 136, Covington, IN 47932-8102

Value Estimation by Request
1,890 sqft 1.75 AC lot
View details
309 Washington St
COMMERCIAL (GENERAL)

309 Washington St, Covington, IN 47932-1256

Value Estimation by Request
2,220 sqft 0.05 AC lot
View details
1651 Salem Church Rd
RETAIL STORES (PERSONAL SERVICES)

1651 Salem Church Rd, Covington, IN 47932

Value Estimation by Request
4,414 sqft 0.75 AC lot
View details

Covington, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Covington, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 14,364 square feet of properties for sale, with an estimated market value of $2,680,400.

Sale prices for business properties in Covington, IN start at $135,000, averaging $446,733, and reaching up to $850,000 — 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 $1.9M

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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