Altamont Mixed-Use Retail Building
Property & Location Highlights:
- Liquor license and restaurant license in good standing with building
- The second floor is a blank canvas – could be converted into multi-familiy, more commercial/retail space, or used as an event center
- Strong local following of the establishment on the first floor
- Heavy walkable residential area surrounding the building
- Solid rental area if converted to multi-family
- 1.3 miles to I-71/75 and 5 minutes to downtown
Mixed-Use Retail Building for Sale Don’t miss out on this amazing opportunity to own a mixed-use retail building in the bustling city of Covington, KY. Located at 399 Altamont Road, this property offers incredible potential for investors and entrepreneurs alike. Boasting a total of 5,085 square feet, this historic building was constructed in 1876 and features a strong local following for the establishment on the first floor. In addition, it comes with a liquor license and restaurant license, making it a turnkey opportunity for those in the hospitality industry. The second floor offers a blank canvas, allowing for conversion into a multi-family unit, additional commercial or retail space, or even an event center. The surrounding area is densely populated with residential neighborhoods, ensuring a steady stream of potential customers and residents. Conveniently located just 1.3 miles from I-71/75 and a short 5-minute drive from downtown, this property offers easy accessibility and visibility. Whether you’re looking to expand your business or invest in a lucrative property, this mixed-use retail building is a must-see.
A Commercial Property for Sale with Endless Potential
This remarkable property stands as a testament to versatility. It offers an array of possibilities that extend beyond its brick and mortar. It’s not just a building; it’s an opportunity waiting to be seized. The ground floor of this property is home to well-maintained liquor and restaurant licenses. It’s an attractive starting point for those with culinary or hospitality ambitions. The allure continues upstairs, where the second floor is a spacious blank canvas. It’s ready to be transformed into multi-family living, expanded commercial/retail space, or a vibrant event center.
While the first-floor establishment enjoys strong local patronage, the property’s location within a thriving residential community amplifies its potential. Its walkable surroundings make it not just a structure, but a hub for community engagement. Should multi-family conversion be on your radar, you’ll discover a robust rental market awaiting transformation. The property’s strategic positioning ensures both accessibility and connectivity. It’s a great location with enough space to make it a solid investment prospect. The property’s exceptional adaptability and the prospects it holds make it a valuable addition to any portfolio.