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    2002 Greenup St Covington, KY 41014

    For Sale
    $1,000,000

    9,700 SF Church, Daycare, Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This stunning 9,700 square foot building, constructed in 1921, presents a unique investment opportunity in Covington, Kentucky's desirable Wallace Woods area. Currently utilized as a church and daycare center, this property offers immense potential for adaptive reuse. Imagine transforming this historic landmark into a breathtaking private residence, preserving its rich character and architectural details. The building boasts beautiful stained-glass windows and numerous decorative accents reflective of its era. The functional layout includes seven classrooms, three offices, a spacious fellowship hall, and a fully equipped kitchen, providing ample space for a variety of uses. Twelve parking spaces are conveniently located in a private lot accessible from 20th Street, offering ample parking for residents or patrons. The property sits on a 0.24-acre lot and benefits from a recently updated heating system and other significant improvements. Its prime location and substantial size make this a rare find, ideal for those seeking a unique and historically significant property with significant development potential. The asking price is $1,000,000. This is a chance to own a piece of Covington's history and shape its future. Serious inquiries only.

    Property Features for 2002 Greenup St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1921
    Property Profile Location Intelligence

    Current Use by Public Records

    Word-Life Christian Fellowship Church Word of Life Christian ... Day Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.50272
    Latitude
    39.06732

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    FAQs

    What type of property is this?
    Commercial real estate - 9,700 SF Church, Daycare, Parking
    Where is this commercial real estate located?
    The property is located at 2002 Greenup St Covington, KY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (859) 441-5333
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    2002 Greenup St Covington, KY 41014
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    Covington, KY 41014
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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
    2002 Greenup St Covington, KY 41014
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