118 W 5th St - Loft/Creative Space FOR SALE


Covington, KY 41011- Downtown Covington
$1,100,000 USD
859-512-2969
118 W 5th St, Covington, KY for Sale
$1,100,000 USD
Loft/Creative Space - FOR SALE
1/30
null | 10% Cap Rate

118 W 5th St
Covington, KY 41011
Downtown Covington


HIGHLIGHTS

  • Excellent location, walkable to Mainstrasse, Cincinnati, Covington
  • 26 Onsite parking spaces in excellent location
  • New shingle roof, new box gutters, multiple new HVAC
  • Proximity to Interstates and downtown Cincinnati, Covington Courthouse

OVERVIEW

The Spillman House is located on W 5th Street in Covington, KY. This three-story multi-tenant historic office building contains 26 striped and numbered parking spaces in an exclusive location. This offering is perfect for an owner occupant or investor who is interested in premier office space with parking in Covington. The location is fantastic with walkability to Mainstrasse, downtown, and of the new development around Covington. This offering is listed at a fraction of replacement cost and ownership has recently made over $150K in improvements including the box gutters, a new shingle roof and many new HVAC units.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1850

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

office

APN/PARCEL ID

054-21-17-023.00

ASK ABOUT THIS PROPERTY

Eric FeganCopperwood Realty GroupMore Info
859-512-2969

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Eric FeganCopperwood Realty GroupMore Info
859-512-2969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.