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    Covington, KY
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    Covington, KY Shopping Centers for Sale

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    Bromley, KY Cincinnati, OH Union, KY
    Covington Strip Center Investment Opportunity
    $3,565,000
    37,457 SF

    Covington Strip Center Investment Opportunity

    1616 Madison Ave, Covington, KY 41011

    Fully stabilized retail center with long-term tenants and growth potential.

    • Fully stabilized investment with a strong 7.88% cap rate for passive income.
    • Priced below replacement cost at approximately $95.17 per square foot.
    • Anchored by Family Dollar and supported by long‑tenured tenants like Rent‑A‑Center, Papa John’s, and City Limits Laundromats.
    • Located in a dense demographic area within the Cincinnati MSA, with over 250,000 residents within a five‑mile radius.
    • Majority of leases are triple‑net (NNN), providing predictable income with limited landlord responsibilities.
    Updated: Mar 9
    View details
    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fairfield, OH Retail Opportunity
    $2,356,496
    25,318 SF

    Fairfield, OH Retail Opportunity

    25,318 SF building on 5.36 acres in Fairfield, OH.

    7255-7275 Dixie Hwy, Fairfield, OH 45014
    View details
    Retail and Workshop on 2 Acres
    Contact for pricing
    16,824 SF

    Retail and Workshop on 2 Acres

    Retail strip center and workshop on 2 acres for sale.

    1105 State Ave, Cincinnati, OH
    View details
    Fairfield Retail Center For Sale
    $7,827,960
    96,313 SF

    Fairfield Retail Center For Sale

    Fully occupied retail center in Fairfield, Ohio with upside potential.

    4727-4785 Dixie Hwy, Fairfield, OH
    View details
    Fully Occupied Hyde Park Retail
    Contact for pricing
    30,216 SF

    Fully Occupied Hyde Park Retail

    Multi-tenant retail center in Cincinnati's Hyde Park neighborhood.

    3658 Michigan Avenue, Cincinnati, OH 45208
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Georgetown Commercial Lot For Sale
    $599,900
    1.38 Acres

    Georgetown Commercial Lot For Sale

    Prime 1.38-acre commercial lot in Georgetown, Ohio.

    666 E State Street, Georgetown, OH 45121
    View details
    Prime Land Ready for Redevelopment
    $930,000
    5.44 Acres

    Prime Land Ready for Redevelopment

    Acreage zoned for Highway Business, ideal for commercial redevelopment.

    6337 Miller Lane, Dayton, OH 45414
    View details
    Richmond Commercial Land For Sale
    $1,374,500
    10.00 Acres

    Richmond Commercial Land For Sale

    10-acre commercial land with I-70 visibility in Richmond, Indiana.

    787 Highland Rd. Lot 1, Richmond, IN 47374
    View details
    Richmond Commercial Land For Sale
    $1,374,500
    10.00 Acres

    Richmond Commercial Land For Sale

    10-acre commercial land with I-70 visibility in Richmond, Indiana.

    787 Highland Rd Lot 2, Richmond, IN 47374
    View details

    Off-Market Properties in Covington, KY

    Consider similar Off-Market properties in Covington, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    11 Orphanage Rd
    SHOPPING CENTER, STRIP CENTER
    8,471 SF Lot: 1.11 Acres
    Estimated value
    $1,335,000

    11 Orphanage Rd, Ft Wright, KY 41017-3004

    View details
    2501 Dixie Hwy
    MINI-MALL
    16,267 SF Lot: 1.81 Acres
    Estimated value
    $6,915,000

    2501 Dixie Hwy, Ft Wright, KY 41017-3097

    View details
    616 Buttermilk Pike
    SHOPPING CENTER, STRIP CENTER
    1,198 SF Lot: 2.47 Acres
    Estimated value
    $920,000

    616 Buttermilk Pike, Ft Mitchell, KY 41017

    View details
    3485 Vly Plz Pkwy
    SHOPPING CENTER, STRIP CENTER
    11,919 SF Lot: 1.68 Acres
    Value Estimation by Request

    3485 Vly Plz Pkwy, Ft Wright, KY 41017-8176

    View details
    1896 Ashwood Cir, Unit 98
    SHOPPING CENTER, STRIP CENTER
    22,731 SF Lot: 2.85 Acres
    Estimated value
    $560,000
    Unit 98

    1896 Ashwood Cir, Ft Wright, KY 41011-2602

    View details
    311 Philadelphia St
    SHOPPING CENTER, STRIP CENTER
    4,000 SF Lot: 0.23 Acres
    Value Estimation by Request

    311 Philadelphia St, Covington, KY 41011-1235

    View details
    3420 Vly Plz Pkwy
    SHOPPING CENTER, STRIP CENTER
    22,500 SF Lot: 4.57 Acres
    Estimated value
    $850,000

    3420 Vly Plz Pkwy, Ft Wright, KY 41017-8151

    View details
    2498 Dixie Hwy
    SHOPPING CENTER, STRIP CENTER
    4,692 SF Lot: 0.51 Acres
    Value Estimation by Request

    2498 Dixie Hwy, Ft Wright, KY 41017-3010

    View details
    2479 Dixie Hwy
    SHOPPING CENTER, STRIP CENTER
    7,477 SF Lot: 0.48 Acres
    Value Estimation by Request

    2479 Dixie Hwy, Ft Wright, KY 41017-3056

    View details
    3835 Winston Ave
    Lifestyle centers
    32,670 SF Lot: 0.75 Acres
    Value Estimation by Request

    3835 Winston Ave, Covington, KY 41015

    View details
    4303-4387 Winston Ave
    Neighborhood centers
    36,292 SF
    Value Estimation by Request

    4303-4387 Winston Ave, Covington, KY 41015

    View details
    1601 Madison Ave, Unit 9
    SHOPPING CENTER, STRIP CENTER
    16,830 SF Lot: 0.95 Acres
    Value Estimation by Request
    Unit 9

    1601 Madison Ave, Covington, KY 41011-3317

    View details
    2501 Chelsea Dr, Unit 17
    SHOPPING CENTER, STRIP CENTER
    10,400 SF Lot: 1.02 Acres
    Value Estimation by Request
    Unit 17

    2501 Chelsea Dr, Ft Wright, KY 41017-1701

    View details

    Covington, KY Shopping Centers Investment Opportunities Market Analysis

    Explore 14 shopping centers for sale in Covington, KY on our real estate platform. These investment opportunities span a total of 37,457 square feet of properties for sale, with an estimated market value of $3,565,000.

    Sale prices for plazas in Covington, KY start at $3,565,000, averaging $3,565,000, and reaching up to $3,565,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Automotive properties 2
    Parking lots & garages 2
    Shopping centers 2
    Storefront properties 2
    Grocery and convenience stores 1

    Property Size Breakdown

    The majority of commercial real estate listings in Covington fall within the 5,000 to 10,000 square foot range.

    Demographics Overview

    Population 130K
    Population Growth (5Y) +1.5%
    Median Household Income $76,910
    College Educated 34.8%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    41011 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.26%
    Property Tax per SF $7.10 per sq ft
    Tax Rate vs County Average 0.15 pp above county avg
    Average Loan-to-Value 65.0%

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