700 Covington Ctr

Offering Price: $425,000
Total Building Size: 3,524 SF
Configuration: 4 Separate Suites (approx. 881 SF each)

Property Overview

700 Covington Center presents an outstanding investment or owner-user opportunity in the heart of Covington. The property consists of four separate suites, offering a unique blend of commercial and residential income potential. With a mix of leased and vacant spaces, this property provides immediate cash flow along with upside potential for additional tenancy or conversion.

Suite Breakdown

• Suite A (Downstairs, Commercial)
  • Currently leased to a hair salon
  • Stable tenant providing consistent rental income
• Suite B (Downstairs, Commercial)
  • Vacant office suite
  • Move-in ready, suitable for professional office or service business
• Suite C (Upstairs, Residential Apartment)
  • Currently leased, generating monthly rental income
• Suite D (Upstairs, Residential Apartment)
  • Vacant, ready for new tenant or owner’s use

Investment Highlights

• Diverse Tenant Mix: Combination of commercial and residential units reduces leasing risk.
• Income Producing: 2 of 4 suites are currently leased, providing steady cash flow.
• Upside Potential: Additional revenue possible by leasing the vacant office suite and upstairs apartment.
• Strong Location: Situated within Covington Center with easy access to Hwy 190 and I-12.
• Flexible Use: Ideal for investors, business owners seeking partial occupancy, or mixed-use portfolio expansion.
• Location Advantages
• Central Covington location with visibility and access from major roadways
• Close to retail, dining, and professional services
• Well-positioned to serve both commercial tenants and residential renters