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Convenience Gas Station Property
For Sale
Contact for pricing
Pending

3200 Madison Pike, Covington, KY 41017

Freestanding fuel and convenience retail property with newer gas pumps and canopy covering the full pump area.

Property SizeContact for details
Days on Market144

Property Features for 3200 Madison Pike

General Information

Standard status Pending
Property subtype Special Purpose, Retail

Additional Details

Business Included Yes
Traffic Count 13,300 vehicles/day
Listing Agency: Newmark
Listed By: Peter Everett · License #GA 770.552.2498
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 31 at 2:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark

Investment Insights

Based on property information with market context.

This property is a convenience-style gas station site with one year old gas pumps and a canopy covering the entire pump area. The sale includes the fuel dispensing and convenience retail components described in the remarks, and non-real-estate items are sold separately. Fuel and retail inventory are to be inventoried at closing and purchased at cost.

The City of Covington has approved a zone change to commercial, which will allow expansion to the existing building. The property has a Ft. Mitchell mailing address but pays Covington taxes, and it is described as being just outside Latonia. A 2018 daily traffic count is reported as 13,300.

The business includes sales of beer, gas, cigarettes, and snacks, and the site is positioned to support fuel and convenience retail uses.

Key Highlights

  • City of Covington recently approved a zone change to commercial, allowing expansion of the existing building
  • Freestanding fuel and convenience retail property with gas pumps and a canopy covering the entire pump area
  • Sale includes approximately one‑year‑old gas pumps and canopy covering the full pump area

Property Analytics

Current Use

Sunoco Gas Station

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13,300 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby

Demographics for 41017, KY

40,333
Population
16,569
Households
2.4
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
21.2 sq mi
ZIP Area
1,903
Density / Sq Mi
$100,645
Median Household Income
$51,808
Median Earnings
$985
Median Rent
$278,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Freestanding fuel and convenience retail property with newer gas pumps and canopy covering the full pump area.
Where is this gas station located?
The property is located at 3200 Madison Pike Covington, KY.
What are key features of this property?
This property features: City of Covington recently approved a zone change to commercial, allowing expansion of the existing building; Freestanding fuel and convenience retail property with gas pumps and a canopy covering the entire pump area; Sale includes approximately one‑year‑old gas pumps and canopy covering the full pump area
More about this property
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