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    401-403 Elm St Covington, KY 41016

    Sponsored
    For Sale
    $325,000

    COMMERCIAL - Covington, KY

    Property size:
    5,556 SF
    Lot size:
    0.11 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 10 at 9:06 am

    Property Features for 401-403 Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Window features
    Vinyl Frames
    Rooms
    Basement
    APN
    026-33-07-008.00
    Parking features
    On Street
    Basement
    Full
    Size
    5,556 SF
    Lot size
    0.11 Acres

    Utilities

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

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    Aluminum Siding, Brick
    Roof type
    Shingle

    Century 21 Brooks Wells Ent. (606) 329-8000

    Listing agent Caldwell Group (859) 795-7995

    Listing date Jan 9, 2026

    Copyright © 2026 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

    Mixed-Use Property in Ludlow

    Located in the heart of Ludlow, this two-story mixed-use building at 401-403 Elm St in Covington, KY, offers both retail and residential possibilities. The property spans over 5,500 square feet and sits on a 0.11-acre lot. The property is located in a thriving, walkable neighborhood just minutes from downtown Cincinnati. The property includes a bonus building with separate utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.550048
    Latitude
    39.092912

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story mixed-use building with retail and residential possibilities.
    Where is this mixed-use property located?
    The property is located at 401-403 Elm St Covington, KY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Price reduced by $20,000.; - Mixed-use property with retail and residential potential.; - High-visibility corner lot location.
    (859) 795-7995
    Request Owner's contact information
    401-403 Elm St Covington, KY 41016
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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
    401-403 Elm St Covington, KY 41016
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