Radisson Cincinnati Riverfront

For Sale

668 W 5th St, Covington, KY 41011

This Covington property for sale is located at 668 W 5th St. The current listed sale price for Radisson Cincinnati Riverfront is $20,000,000.

Contacts

Lauren D’Souza-Faze

Laurel Real Estate

Errol D’Souza

Laurel Real Estate

Property Details

  • Property Type Retail
  • Property Size 126,324 SF
  • Year Built 1972
  • Date Updated Sep 24, 2026
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Highlights

  • 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**

Getting around

  • 81/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 61/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Covington, KY
  • Neighborhood Covington Central Business District
  • Zip Code 41011
  • Market Cincinnati

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

  • Frisch's Big Boy

    0.11 miles

  • Wendy's

    0.11 miles

  • Riverfront Pizza

    0.12 miles

  • Waffle House

    0.12 miles

  • Skyline Chili

    0.12 miles

  • Burger King

    0.13 miles

  • Mexican Restaurante y Taqueria El Valle Verde

    0.13 miles

  • Chipotle

    0.14 miles

  • Gold Star Chili

    0.15 miles

  • McDonald's

    0.16 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

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