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    3938 Decoursey Ave Covington, KY 41015

    For Sale
    $249,900

    COMMERCIAL - Covington, KY

    Days on Market:
    60
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 3938 Decoursey Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    056-32-18-006.00
    Parking features
    On Street

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Radiant
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    2
    Building materials
    Wood Siding
    Roof type
    Metal, Shingle

    Paragon Realty Partners (859) 414-6550

    Listing agent Kevin Goff (513) 515-2116 License #248920

    Listing date Oct 16, 2025

    Copyright © 2025 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Bar and Restaurant Business

    The Green Lantern Cafe, a fully operational turnkey bar and restaurant business, is available for sale in Latonia, Covington, Kentucky. The sale includes all furniture, fixtures, and equipment, as well as the existing staff. The establishment features a full-service bar, active Keno, and an entertainment system that hosts Disco and Karaoke nights on Thursdays, Fridays, and Saturdays. The property is equipped with a thoroughly equipped kitchen, professional cleaning services, and a surveillance system. Additional features include a new garage door and outdoor furniture. The property also includes a gutted 2-bed, 1-bath unit upstairs that's ready for renovation, offering potential for additional income. The property is located in Kenton County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Green Lantern Cafe Restaurant

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Starbucks, Wild Willies, griff's

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.499421
    Latitude
    39.043587

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    FAQs

    What type of property is this?
    Bar - Fully operational bar and restaurant with a current liquor license.
    Where is this bar located?
    The property is located at 3938 Decoursey Ave Covington, KY.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - Turnkey bar and restaurant business with existing staff and current liquor license for immediate operation.; - Fully equipped kitchen, furniture, fixtures, and equipment included in the sale.; - Active Keno and entertainment system for Disco/Karaoke nights (Thursdays, Fridays, and Saturdays).
    (513) 515-2116
    Request Owner's contact information
    3938 Decoursey Ave Covington, KY 41015
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    Covington, KY 41015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3938 Decoursey Ave Covington, KY 41015
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