Prime Commercial Opportunity in the Heart of Covington

607 Madison Ave Covington, KY 41011

607 Madison Ave, Covington, KY, 41011
607 Madison Ave, Covington, KY, 41011 607 Madison Ave, Covington, KY, 41011
FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jul 24, 2025

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Highlights

  • 3 Floors of potential: Flexible layout ideal for retail, commercial, or residential conversion (proposed floorplans available)
  • City Incentives: Potential for redevelopment support through Covington’s business programs
  • High Visibility Location: 7,224 vehicles per day along Madison Avenue
  • Demographic Advantage: Over 286,000 residents and an average household income of $97,344 within a 5-mile radius

Description

Step into a rare opportunity to own a piece of Covington’s vibrant urban core. Located at 607 Madison Avenue, this three-story, 2,916 SF mixed-use building sits in one of Northern Kentucky’s most desirable pedestrian corridors—just steps away from the Ohio River, the historic Roebling Bridge, and the bustling Mainstrasse Village.

This site offers the ideal balance of historical charm and modern potential—perfect for entrepreneurs, investors, or developers looking to tap into Covington’s growing momentum.

Positioned in the heart of Covington’s Central Business District, this property is surrounded by an exciting blend of culture, commerce, and connectivity. Enjoy walkable access to local favorites like Braxton Brewing, Hotel Covington, and the Republic Bank headquarters, while benefiting from proximity to the 23-acre Covington Central Riverfront redevelopment, poised to transform the area into a premier destination for business and lifestyle.


Year Built: 1869
Building Size: 2916sq ft
Building Class: B
Lot Size: 0.03 acres


Documents

Covington - 607 Madison Avenue Brochure.pdf

Map of 607 Madison Ave, Covington, KY, 41011

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.