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3024 Madison Ave 546 SF Retail Building Latonia, KY 41015 $367,780 CAD ($673.59 CAD/SF)
Investment Highlights
- Prime 546 SF retail property
- Versatile and adaptable space
- Highly visible in a bustling area
- Set up as a ice cream shop/restaurant
- Strategic location in Kenton County
- Ideal for retail or free-standing building investment
Executive Summary
Introducing an exceptional opportunity to own a longstanding neighborhood landmark in Covington, KY. This free-standing building offers a drive-in style concept with 15 parking spaces and plenty of outdoor seating. Currently operating as the Dari-Crest ice cream shop, this 546 Square Foot building has high visibility on Madison Avenue and is minutes from Downtown Cincinnati. Recent updates include a new water line, updates to the equipment, and new exterior bench seating. All FFE stays with property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
546 SF
Building Class
C
Year Built
1960
Price
$367,780 CAD
Price Per SF
$673.59 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.34 AC
Zoning
commercial
Parking
12 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
93’ on Madison Ave
Amenities
- Bus Line
- Restaurant
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 056-11-09-002.00 | Improvements Assessment | $74,918 CAD |
| Land Assessment | $61,297 CAD | Total Assessment | $136,215 CAD |
Property Taxes
Parcel Number
056-11-09-002.00
Land Assessment
$61,297 CAD
Improvements Assessment
$74,918 CAD
Total Assessment
$136,215 CAD
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3024 Madison Ave
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