668 West 5th Street, Covington, KY 41011

Listing Agency: Laurel Real Estate

Listed By: Lauren D'Souza-Faze · License #SAL.2022006112

Source: Crexi

Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 4:55PM

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Investment Insights

Based on property information with market context.

This hotel in Covington, Kentucky, is presented with potential for a brand change, including Hard Rock, Hyatt, or Hilton. Its location at 668 West 5th Street places it near downtown, business centers, sports venues, attractions, and transportation corridors.

Key Highlights

• Hotel at 668 West 5th Street in Covington, Kentucky
• Potential brand directions include Hard Rock, Hyatt, or Hilton

Property Analytics

Current Use

Eighteen at the Radisson Restaurant Covington Rotary Club Nightclub The Fifth Lounge Bar & Pub Radisson Hotel Cincinnati ... Hotel & Motel ATM Atm

Suggested Use

Top Pick Dental Office HVAC Service Big Box & Wholesale Store Auto Parts Store Pharmacy Spa & Massage Center

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

1,661

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Hotel - The property is in Covington, near downtown and business centers, sports venues, attractions, and transportation corridors.

Where is this hotel located?

The property is located at 668 West 5th Street Covington, KY.

What is the asking price?

The asking price for this property is $22,000,000.

What are key features of this property?

This property features: Hotel at 668 West 5th Street in Covington, Kentucky; Potential brand directions include Hard Rock, Hyatt, or Hilton