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Mixed-Use Building with Retail
For Sale
Contact for pricing
Pending

721 W Pike St, Covington, KY 41011

Renovated mixed-use building with street-level retail space and a renovated upstairs 1-bedroom unit.

Property SizeContact for details
Days on Market121

Property Features for 721 W Pike St

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Multifamily Units 1

Building Details

Stories 2
Construction exposed brick
Tenancy Multi
Listing Agency: KW Commercial Keller Williams Advisor's Realty
Listed By: Jon Berberich · License #OH SAL.2016004975
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 12:29PM

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 KW Commercial Keller Williams Advisor's Realty

Investment Insights

Based on property information with market context.

This renovated mixed-use building features stylish, finished first-floor commercial space with exposed brick, currently leased to Be Concerned (a non-profit that is located next door). The second floor offers a well-renovated 1-bedroom residential unit. The building includes two private parking spots, and key mechanical systems have been updated within the last three years, including replaced water heaters, furnaces, and central AC units. Exterior updates include updated window boxes as well.

Located across the street from Herb & Thelma's in Covington, Kentucky, the property is minutes away from Downtown Cincinnati.

For zoning questions, contact Dalton Belcher, Zoning and Development Administrator.

Key Highlights

  • Renovated multi‑use building across the street from Herb & Thelma's in Covington, KY
  • Street‑level commercial space on the first floor is leased to Be Concerned (nonprofit), next door
  • First‑floor rent is $700/month (below market) and second‑floor 1‑bedroom rent is $1,350/month

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Locksmith

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

1
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby

Demographics for 41011, KY

26,470
Population
14,490
Households
1.8
Avg Household Size
37
Median Age
44%
College-Educated
89%
High-School Grad
7.0 sq mi
ZIP Area
3,781
Density / Sq Mi
$67,075
Median Household Income
$47,192
Median Earnings
$1,011
Median Rent
$269,400
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?
Mixed-use property - Renovated mixed-use building with street-level retail space and a renovated upstairs 1-bedroom unit.
Where is this mixed-use property located?
The property is located at 721 W Pike St Covington, KY.
What are key features of this property?
This property features: Renovated multi‑use building across the street from Herb & Thelma's in Covington, KY; Street‑level commercial space on the first floor is leased to Be Concerned (nonprofit), next door; First‑floor rent is $700/month (below market) and second‑floor 1‑bedroom rent is $1,350/month
More about this property
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