Covington, IN
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    Covington, IN Grocery And Convenience Stores for Sale

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    Williamsport, IN Veedersburg, IN Danville, IL
    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.
    • Long‑term NN leased Dollar General with 4 years remaining.
    • Fortune 150 Investment Grade Tenant with a Corporate Guarantee and Strong BBB Credit Rating.
    • Strong Placer AI traffic indicating strong sales.
    • Located in downtown Covington, the seat of Fountain County, Indiana.
    • High‑traffic location near US Hwy 136, retail, grocery, banks, restaurants, offices, and the Fountain County courthouse.
    Updated: May 4, 2024
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Urbana Commercial Property For Sale
    $1,300,000
    10,000 SF
    Urbana Commercial Property For Sale

    Prime commercial property in Urbana, Illinois, ideal for various ventures.

    306 W Springfield Avenue W, Urbana, IL 61801

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    Downtown Urbana Retail Condominium
    $459,900
    6,200 SF
    Downtown Urbana Retail Condominium

    Prime retail condominium in downtown Urbana with renovated space.

    110 W Main St, Urbana, IL 61801

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    37,619 SF Former Grocery Store
    $990,000
    37,619 SF Former Grocery Store

    Well-maintained building with ample parking and multiple uses.

    605 E Southline Rd, Tuscola, IL 61953

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    Former Grocery Store with Parking
    $990,000
    37,619 SF
    Former Grocery Store with Parking

    37,619 SF building, formerly a grocery store, for sale.

    607 E Southline Rd, Tuscola, IL

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Lot in Clarks Hill
    Contact for pricing
    0.17 Acres
    Commercial Lot in Clarks Hill

    Commercial lot in Clarks Hill, Indiana with flexible use options.

    0 White Street, Clarks Hill, IN 47930

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    Commercial Land in Terre Haute
    $400,000
    4.42 Acres
    Commercial Land in Terre Haute

    Commercial land with road frontage in a high-traffic area.

    1301 Fort Harrison Road, Terre Haute, IN 47804

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    Prime Commercial Lot in Savoy
    $125,000
    Prime Commercial Lot in Savoy

    Last available lot in a thriving Savoy commercial area.

    103 Calvin Street, Savoy, IL 61874

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    Prime Commercial Land Near Casino
    $3,000,000
    37.09 Acres
    Prime Commercial Land Near Casino

    37+ acres of commercial land adjacent to Terre Haute Casino.

    4400 Margaret Avenue, Terre Haute, IN 47802

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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.

    188 Stringtown Rd
    CONVENIENCE STORE
    2,390 SF Lot: 1.22 Acres
    Value Estimation by Request

    188 Stringtown Rd, Covington, IN 47932-8002

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    401 3rd St
    CONVENIENCE STORE
    1,764 SF Lot: 0.27 Acres
    Value Estimation by Request

    401 3rd St, Covington, IN 47932-1117

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    215 11th St
    CONVENIENCE STORE
    2,284 SF Lot: 0.48 Acres
    Value Estimation by Request

    215 11th St, Covington, IN 47932-1618

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    311 Pearl St
    CONVENIENCE STORE
    3,485 SF Lot: 0.40 Acres
    Value Estimation by Request

    311 Pearl St, Covington, IN 47932-1063

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    Covington, IN Grocery And Convenience Stores Investment Opportunities Market Analysis

    Explore 5 grocery and convenience stores for sale in Covington, IN on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $825,000.

    Sale prices for supermarkets in Covington, IN start at $825,000, averaging $825,000, and reaching up to $825,000 — 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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    Top Commercial Asset Segments

    Automotive properties 1
    Grocery and convenience stores 1
    Storefront properties 1
    Truck stops 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    47932 $825K

    Taxes & Financing

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

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