KYTC auctioning off 4 pieces of Covington property on 12th St. - 19 Action News|Cleveland, OH|News, Weather, Sports

KYTC auctioning off 4 pieces of Covington property

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The Kentucky Transportation Cabinet plans to auction off four tracts of land with buildings that were preserved as part of a road project in Covington.

The auction is set for 10:30 a.m. EDT on Oct. 22 at the site. The properties will be available for advance viewing and inspection next Wednesday.

Three of the buildings are brick houses. The fourth is a brick and frame commercial building that formerly housed a lumber company.

Their preservation was part of the state's agreement with the Federal Highway Administration for federal funding of the $24 million 12th Street Corridor project in the northern Kentucky city. The street serves as a doorway to Covington, with a direct connection to Interstate 75.

The project turned a narrow street into a boulevard with double traffic lanes.

It will be an onsite live public auction with a 20% good faith deposit requirement to be tendered by the winning bidder on that date.

The properties will be sold pursuant to the restrictive covenants in the applicable historic preservation and conservation easement.

For more information, please call the Division of Right of Way at 502-564-9900.

You can see a more extensive set of photos on their Facebook page.

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