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    1205 Maryland Ave Covington, KY 41011

    For Sale
    $300,000

    7,500 sq ft, Move-In Ready, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 7,500 square foot mixed-use building in Covington, Kentucky presents a unique investment opportunity. The three-story structure is currently configured as a church but offers immense potential for a variety of commercial uses. Its efficient design incorporates three separate HVAC systems, ensuring climate control throughout the building. A fully equipped kitchen is already in place, a valuable asset for many businesses. The property also includes a dedicated meeting room, ideal for presentations or collaborative work. Ample parking is provided with a private lot accommodating 25-30 vehicles, eliminating parking concerns for employees and clients. The building's "move-in ready" condition minimizes upfront renovation costs, allowing for a swift transition to operations. Located at 1205 Maryland Avenue, Unit 1205, this property benefits from a prime location within Covington. The building's size and features make it suitable for a range of commercial ventures, offering a strong return on investment. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this versatile property offers. The asking price is $300,000.

    Property Features for 1205 Maryland Ave

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1870
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.50094
    Latitude
    39.0786

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    FAQs

    What type of property is this?
    Mixed-use property - 7,500 sq ft, Move-In Ready, Prime Location
    Where is this mixed-use property located?
    The property is located at 1205 Maryland Ave Covington, KY.
    What is the asking price?
    The asking price for this property is $300,000.
    (859) 372-6000
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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
    1205 Maryland Ave Covington, KY 41011
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