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    Historic Building in Licking Riverside Title is generated by Realmo AI

    211 Garrard St, Covington, KY 41011

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    Historic building with modern updates and private parking.

    Type:Retail
    Property size:
    5,870 SF
    Price / SF:
    $186/SF
    Added:
    Mar 20, 2026
    Days on Market:
    100
    Last Refresh:
    Mar 21 at 8:42 pm

    Property Features for 211 Garrard St

    General Information

    Standard status
    Active
    Size
    5,870 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1860

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    Joe Janszen
    Joe Janszen

    Listing office Cushman & Wakefield - Cincinnati, Ohio

    Listing date Mar 20, 2026

    Source Crexi

    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 Cushman & Wakefield - Cincinnati, Ohio

    HighLights

    • Located in Covington's iconic Licking Riverside Historic District.
    • Private parking lot directly behind the property.
    • Beautifully preserved original architectural details.
    • Tasteful modern updates.
    • Convenient access from Garrard Street and Sanford Alley.
    • Building built in 1860.

    Overview

    The property at 211 Garrard Street is located in Covington’s Licking Riverside Historic District, between East 2nd and 3rd Street. The 5,870 square-foot building features original architectural details and modern updates. A private parking lot is located directly behind the property, with access from both Garrard Street and Sanford Alley. The property is suitable for storefront, retail, and general commercial real estate use.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $96.5k $16.44
    − Vacancy −$5.6k −$0.95
    EGI $90.9k $15.49
    − OpEx −$27.3k −$4.65
    NOI $63.6k $10.84
    5,870 SF · lease $16.44/SF/yr · vacancy 5.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $909.1K
    $795.4K – $1.06M (±1% cap)
    NOI $63,634 @ 7.0% cap · market cap 5.81%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.52M
    $1.33M – $1.77M (±1% cap)
    NOI $106,077 @ 7.0% cap · market cap 9.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mariner Financial Advisor

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Kenton
    State
    Kentucky
    Longitude
    -84.50709
    Latitude
    39.089413

    FAQs

    What type of property is this?
    Storefront property - Historic building with modern updates and private parking.
    Where is this storefront property located?
    The property is located at 211 Garrard St Covington, KY.
    What is the asking price?
    The asking price for this property is $1,095,000.
    What are key features of this property?
    This property features: Located in Covington's iconic Licking Riverside Historic District.; Private parking lot directly behind the property.; Beautifully preserved original architectural details.
    (513) 549-3011 Call to check price and availability
    More about this property
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