Radisson Cincinnati Riverfront
668 W 5th St, Covington, KY 41011
Key features
- Approved DoubleTree Conversion: Hilton brand approval is already secured, providing a clear, de-risked path for repositioning with an established brand and global distribution platform.
- Diversified Demand Drivers: Benefits from corporate, healthcare, convention, leisure, and government demand, reducing reliance on any single market segment.
- Institutional Scale Full Service Asset: 220-room, full-service hotel with substantial meeting and banquet facilities, multiple F&B outlets, and extensive back-of-house infrastructure.
- Operational Underperformance Creates Opportunity: Current NOI is disproportionately low relative to revenue, indicating significant upside through improved management and cost controls.
- Revenue Base Supports Repositioning: TTM revenue exceeding $7M demonstrates strong underlying demand despite operational underperformance and brand misalignment.
- Riverfront Gateway Location: Prime waterfront location in Covington with direct access to downtown Cincinnati, the convention center, and regional transportation networks.
- This property is presented under license agreement with Huff, Niehaus & Associates, Louisville, Kentucky**
Building Details
- For Sale $20,000,000
- Property Type Retail
- Property Size 126,324 SF
- Additional Rent Price on request
- Year Built 1972
- Date Updated Oct 26, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Laurel Real Estate
Laurel Real Estate
Location
- City Covington, KY
- Neighborhood Covington Central Business District
- Zip Code 41011
- Market Cincinnati
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Walk score 81/100 Very Walkable -
Transit score 43/100 Some Transit -
Bike score 61/100 Bikeable
Points of Interest
Columbia Sussex
4.56 miles
Main Terminal
7.54 miles
Concourse A
7.58 miles
Concourse B
7.62 miles
Speedway
0.06 miles
BP
0.09 miles
Circle K
0.38 miles
Marathon
0.53 miles
Shell
1.97 miles
Kroger
2.16 miles
Tesla Destination Charger
6.15 miles
Tesla Supercharger
8.19 miles
Rivercenter Parking Entrance
0.60 miles
Transit Center Garage
0.61 miles
Public Landing
1.24 miles
Parking Lot (Beechwood Swim Club)
3.34 miles
Lot L
4.65 miles
Lot K
4.73 miles
Furniture Fair Park & Ride
5.69 miles
Erlanger Municipal Center Parking
6.35 miles
Airport Viewing Area
7.01 miles
Ready Return
7.66 miles
Kroger
1.13 miles
Save-A-Lot
1.31 miles
Riverside Marketplace
1.47 miles
ALDI
1.96 miles
Big Lots
2.24 miles
Kroger Marketplace
2.32 miles
Fresh Thyme
2.34 miles
Target
2.34 miles
TJ Maxx
2.47 miles
Burlington
2.98 miles
Listing Summary
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Property Financials 668 W 5th St is currently listed for sale at $20,000,000 for a price per square foot of $158.32.
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Property Details 668 W 5th St totals 126,324 square feet of Retail space. The property was initially built in 1972.
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Area Characteristics 668 W 5th St is located in the Covington Central Business District neighborhood.
In terms of ease of commuting, the area has a walk score of 81, indicating that it is very walkable.
