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Listed by Gina Stalcup • Midwest Homes and Land
$ 150,000
Est. payment | /mo
2,837 SqFt
$ 150,000
Est. payment | /mo
2,837 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,837 sqft
Price per Sqft $52
MLS Listing ID 22130386
Year Built 1928
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Mixed Use
Property Description
Great business opportunity in downtown Covington! This versatile 2,387 sq. ft. commercial building offers mixed-use potential with two separately rented spaces, ideal for a variety of business ventures, including an auto body shop, retail, storage, workshop or other commercial uses. The north side features approximately 1,200 sq. ft. of unfinished garage space with room for up to three vehicles, a small office and a paint room. Features include 13-foot ceilings, overhead doors, three-phase electric, 220-volt power, and ventilation/exhaust fans. The south side offers flexible open space suitable for retail, office, storage or other business opportunities, complete with a newer kitchenette, restroom, utility closet, storage closet and forced-air heating and cooling. Recent improvements include updated drywall, HVAC approximately 3-4 years old, and a new roof and gutters in 2024. Originally one large space, the building has been divided into two separate units, offering the flexibility to maintain the current layout or potentially convert back into one larger space. Additional features include city utilities, natural gas, partial off-street parking and a small secluded yard on the south side. Conveniently located near shopping, restaurants and State Route 136, this property offers excellent visibility and accessibility in a great downtown location. Both spaces are currently rented on month-to-month leases, providing potential rental income or an opportunity for future owner occupancy. Whether you're looking to start a business, expand your operations or invest in commercial property, this downtown Covington location offers plenty of possibilities! Buyer to verify zoning and suitability for intended use.
Location
State IN
County Fountain
Zoning unknown
Interior
Heating Gas
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
New Construction false
Schools
Elementary Schools Covington Elementary School
Middle Schools Covington Middle School
High Schools Covington Community High School
School District Covington Community School Corp
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