Covington, KY Commercial Real Estate for Sale

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Two-Story Specialty Property
Updated: May 27
Two-Story Specialty Property

3414 Decoursey Ave, Covington, KY 41015

$1,850,000
49,000 sqft
Approximately 49,000 SF across 2 levels
Two‑level specialty building with substantial space for non‑standard commercial uses
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Mixed-Use Property with Grocery Store
Updated: Jul 24
Mixed-Use Property with Grocery Store

940 Western Ave, Covington, KY 41011

$250,000
3,369 sqft
Neighborhood grocery store paired with a three‑bedroom apartment
Three‑bedroom apartment requires full renovation
Full basement included
Four‑car garage
Double lot with fenced yard
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Three-Story Storefront Property
Three-Story Storefront Property

607 Madison Ave, Covington, KY 41011

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2,916 sqft

Flexible commercial layout with proposed floorplans and potential for retail or residential conversion.

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See what stands out in Kenton County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Retail Building on Corner Lot
Retail Building on Corner Lot

4299 Winston Avenue, Covington, KY 41015

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14,820 sqft 2.26 AC lot

14,820 SF retail building on 2.26 acres for sale.

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Versatile Retail Storefront Building
Versatile Retail Storefront Building

4001 Decoursey Ave, Covington, KY 41015

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2,051 sqft

For sale retail storefront building with 2,051 SF and CMU zoning, marketed for convenience store or local bar use.

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Covington Drive-In Style Building
Covington Drive-In Style Building

3024 Madison Ave, Covington, KY 41015

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546 sqft

Free-standing building with drive-in concept and outdoor seating.

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Storefront Building with Basement
Storefront Building with Basement

107 Park Pl, Covington, KY 41011

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2,530 sqft

Shell-condition commercial building among restaurants, bars, and residential uses at the base of the Roebling Bridge.

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Historic Building in Licking Riverside
Historic Building in Licking Riverside

211 Garrard St, Covington, KY 41011

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5,870 sqft

Historic building with modern updates and private parking.

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Flex Industrial Building with Offices
Flex Industrial Building with Offices

125 W 34th St, Covington, KY 41015

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22,968 sqft

Warehouse and office improvements include overhead doors, full HVAC, wet fire suppression, and three-phase electrical service.

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Retail/Office Space in Kenton County
Retail/Office Space in Kenton County

729 Scott St, Covington, KY

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4,118 sqft 0.07 AC lot

4,118 SF grey shell retail/office space for sale.

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Mixed-Use Building in Covington Urban Core
Mixed-Use Building in Covington Urban Core

607 Madison Ave |, Covington, KY 41011

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2 sqft

Three-story, 2,916 SF mixed-use building in desirable pedestrian corridor.

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Three-Story Office Building
Three-Story Office Building

421 Madison Ave, Covington, KY 41011

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9,000 sqft

Three-story office building with separate utilities and secured keyed access, plus surface parking on-site.

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Open-Plan Flex Space with Garage Bay
Open-Plan Flex Space with Garage Bay

201203 201-203 W 19th Street 1-203, Covington, KY 41014

$145,000

Gutted, partially framed commercial space with upgraded electrical and direct ramp access for loading materials and vehicles.

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Commercial Land Parcels
Commercial Land Parcels

817 Highway Avenue, Covington, KY 41011

$125,000

Two adjoining parcels create a combined development site with access to Covington, Cincinnati, shopping, dining, and major roadways.

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Specialty Property with Connected Units
Specialty Property with Connected Units

128 & 130 W Pike Street, Covington, KY 41011

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2,097 sqft

Two separately entered spaces share a kitchen, bathroom, and rear parking for business owners.

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Vacant Development Land with Utilities
Vacant Development Land with Utilities

2134 Highland Pike, Covington, KY 41017

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Vacant 3.78-acre parcel zoned SU with public utilities available and direct frontage on a major thoroughfare.

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Covington Warehouse with 16' Clearance
Covington Warehouse with 16' Clearance

134 W 38th St, Covington, KY 41015

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6,578 sqft

6,578 SF warehouse with 1 drive-in door.

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Office Building with Detached Garage
Office Building with Detached Garage

1017 Russell St, Covington, KY 41011

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Law office featuring multiple fireplaces, hardwood floors, and a private courtyard.

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Mixed-Use Property with 3 Buildings
Mixed-Use Property with 3 Buildings

201 W 19th St, Covington, KY 41014

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Combined retail, business, and residential improvements create a multi-building redevelopment project.

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Operating Bar Business with Liquor License
Operating Bar Business with Liquor License

2023 Garrard Street, Covington, KY 41014

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Sale includes the liquor license, furnishings, and additional operating contents.

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Church Property with Stained Glass
Church Property with Stained Glass

114 E 15th St, Covington, KY 41011

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The building includes soaring ceilings, a pipe organ, and updated kitchen and bath areas.

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Retail Storefront with Apartment
Retail Storefront with Apartment

3802 Winston Ave, Covington, KY 41015

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Completely renovated mixed-use property featuring a commercial storefront with an upstairs one-bedroom apartment.

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Convenience Gas Station Property
Convenience Gas Station Property

3200 Madison Pike, Covington, KY 41017

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Freestanding fuel and convenience retail property with newer gas pumps and canopy covering the full pump area.

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Three-Parcel Mixed-Use Property
Three-Parcel Mixed-Use Property

418-422 Watkins Street, Covington, KY 41011

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Zoning supports medical, office, dining, multifamily, and other commercial uses.

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Covington, KY Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Covington, KY, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 153,865 square feet of properties for sale, with an estimated market value of $2,370,000.

Sale prices for business properties in Covington, KY start at $125,000, averaging $592,500, and reaching up to $1,850,000 — 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 130K
Population Growth (5Y) +1.5%
Median Household Income $76,910
College Educated 34.8%

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
Covington - 41011 $173.3K
Latonia - 41015 $1.9M

Taxes & Financing

Tax Rate (average for all types) 1.26%
Property Tax per SF $7.10 per SF
Tax Rate vs County Average 0.15 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Covington fall within the 10,000 to 25,000 square foot range.

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