Central Covington Historic Office Space, Adjacent Lot

118 W 5th St Covington, KY 41011

118 W 5th St, Covington, KY, 41011
Exterior Side View of Building
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FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Jul 02, 2025

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Highlights

  • Central Covington location, within walking distance to Mainstrasse, Federal Courthouse, downtown Cincinnati
  • Adjacent Parking Lot
  • No CAM; Tenant pays gas, electricity, interior maintenance.
  • Close to 4th street redevelopment site

Description

There are several lease options in this building with range between $16/psf to $20/psf MG depending on your needs.

Central Covington, within walking distance to Mainstrasse, Federal Courthouse and downtown Cincinnati.


Year Built: 1850
Building Size: 11900sq ft
Building Class: C
Lot Size: 0.4 acres

Units for Lease

118 W. 5th Street
Space Available: 450 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $800.00
118 W. 5th Street
Space Available: 3528 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $16.00

Map of 118 W 5th St, Covington, KY, 41011

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.