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.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Covington is located in Indiana. Covington, Indiana has a population of 2,799. Covington is less family-centric than the surrounding county with 25.72% of the households containing married families with children. The county average for households married with children is 28.51%.
The median household income in Covington, Indiana is $51,292. The median household income for the surrounding county is $54,475 compared to the national median of $69,021. The median age of people living in Covington is 45.2 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 40.9 inches per year, with 18.3 inches of snow per year.
