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508 Madison Avenue, Covington, KY 41011

$540,000
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  • 508 Madison Avenue, Covington, KY 41011 Main Photo

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Active
MLS#626252
STATUS PROPERTY TYPECommercial -
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Property Description

Wonderful 3200 sqft, brick 2-story commercial/investment opportunity!! 1st-floor rented to popular Wabi Sabi Sushi bar (current rent is $3000/month). Bar & back shelving included. Hood, alarm, outside patio/seating & walk-in cooler. 2 basement areas; 1 tenant storage. 2 rooftop A/Cs - 1 is new. Rubber roof 5 years old. 2 assigned, rear parking spots. 2nd-floor gutted to studs - has water & electric. Will need complete rehab. Historic district! AS-IS! Buyer to verify all use & restrictions. No liquor license included.

508 Madison Avenue | MLS# 626252

This commercial property located at 508 Madison Avenue, Covington, KY 41011 is currently listed for sale with an asking price of $540,000. Search Covington real estate on sharlenegrant.realestateinbowlinggreen.com today.

Property Features

Property Type: Commercial -
Basement: Partial
Basement: Yes
Cooling: See Remarks, Central Air, Multi Units
Heating: Natural Gas, Forced Air
Lot Size: 0.07 Acres
Roof Type: Membrane
Stories: 2.0

Feature Descriptions

Business Type: Apartments, Restaurant
Days on Site: 592
Exterior: Lighting, Curbs, Sidewalks
Exterior: Brick
Flooring: Wood
Foundation: Stone
Lot Dimensions: 27.5 x 115
Owner Pays: Exterior Maintenance
Parcel Number: 054-23-05-025.00
Parking: Assigned, On Street
Property Condition: Existing Structure
Road Frontage: City Street
Road Surface: Paved
Security: Security System
Security: yes
Sewer: Public Sewer
Special View Info: City
Sub Type: Mixed Use
Tenant Pays: All Utilities, Insurance, Interior Maintenance, Trash Collection
Utilities: Natural Gas Available
Water: Public
Window: Picture Window(s)

Listed By / Shown By

Listed By

Agency Name: Comey & Shepherd, REALTORS

Shown By

Agent Name: Sharlene Grant
Agent Phone: (270) 796-0527
Agency Title: CRYE-LEIKE Executive Realty

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Sharlene Grant
Sharlene Grant Office: (270) 467-3015 Cell: (270) 796-0527 Fax: (270) 782-7327 Email: sharlene.grant@crye-leike.com
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/21/2026. The listing information on this page last changed on 04/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/21/2026 12:32:03 AM EST) or Southern Kentucky MLS (last updated Mon 04/20/2026 9:54:33 PM EST) or SCKY MLS (last updated Mon 04/20/2026 10:12:36 PM EST). Real estate listings held by brokerage firms other than CRYE-LEIKE Executive Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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