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Covington Drive-In Style Building

3024 Madison Ave, Covington, KY 41015

For Sale
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Free-standing building with drive-in concept and outdoor seating.

Property Size546 SF
Price / SF$494.51
Days on Market238

Property Features for 3024 Madison Ave

General Information

Standard status Active
Size 546 SF
Property subtype Retail
Listing Agency: KW Commercial
Listed By: Derrick Plunkett · License KY #219608
Source: Crexi
Added: Mar 19 Changed: Nov 6 Last Checked: Nov 10 at 8:15AM

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

Rey
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Investment Insights

Based on property information with market context.

This free-standing building in Covington, KY, presents an opportunity to own a neighborhood landmark. The 546 square foot building features a drive-in style concept, 15 parking spaces, and outdoor seating. Located on Madison Avenue, it offers high visibility and is situated minutes from Downtown Cincinnati. The property is currently operating as the Dari-Crest ice cream shop. Recent updates include a new water line, equipment updates, and new exterior bench seating. All furniture, fixtures, and equipment (FFE) are included with the property. This commercial real estate is suitable for drive-through restaurants, restaurants, storefront properties, and retail spaces.

Key Highlights

  • High‑visibility location on Madison Avenue, minutes from Downtown Cincinnati
  • Established business opportunity as the Dari‑Crest ice cream shop
  • Free‑standing building with drive‑in style concept

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dari-Crest Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

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

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby

Demographics for 41015, KY

21,599
Population
9,135
Households
2.4
Avg Household Size
39
Median Age
30%
College-Educated
90%
High-School Grad
25.4 sq mi
ZIP Area
850
Density / Sq Mi
$63,783
Median Household Income
$44,740
Median Earnings
$857
Median Rent
$176,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Free-standing building with drive-in concept and outdoor seating.
Where is this drive through restaurant located?
The property is located at 3024 Madison Ave Covington, KY.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: High‑visibility location on Madison Avenue, minutes from Downtown Cincinnati; Established business opportunity as the Dari‑Crest ice cream shop; Free‑standing building with drive‑in style concept
(859) 620-5830 Call to check price and availability
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