3912 Winston AveCovington, KY 41015

Property Details for 3912 Winston Ave

Year built

1909

Lot size

0.11 AC

Property size (Sq ft)

1,232 SF

Property type

Retail properties

Property subtype

Retail space

APN

056-14-13-024.00

APU

56141302400

Description

This exceptional commercial property, located at 3912 Winston Avenue Unit 3912 in Covington, Kentucky, presents a fantastic opportunity for a discerning business owner. Situated in the heart of Latonia, this over 1200 square foot building boasts outstanding visibility and convenient access, ensuring maximum exposure for your enterprise. The property's prime location is surrounded by other retail establishments, creating a synergistic environment and attracting a steady stream of potential customers. The building itself features two restrooms and a former kitchen area, offering flexibility for various business configurations. Recent improvements include a brand new roof, eliminating the need for immediate roof-related expenses. The property sits on a 0.11-acre lot, providing ample space for potential outdoor activities or signage. The asking price for this turnkey retail space is $250,000. This is an exceptional opportunity to establish or expand your business in a thriving commercial district. Don't miss out on this chance to secure a highly visible and well-maintained property in a prime location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $155,857

  6.5%

  $143,868

  7%

  $133,592

• Comparable approach

  Method

  Valuation

  Relative Method

  $385,565

  Geo Method

  $385,565

• Alternative Use

  Use

  Valuation

  Residential

  $121,358

  Hospitality

  $111,163

  Educational

  $92,487

  Medical

  $95,667

  Retail

  $143,868

Location Insight

City

Covington

County

Kenton

State

Kentucky

Latitude

39.0446

Longitude

-84.5042

CBSA code

17140

CBSA name

CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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