502 Monmouth Street Newport, KY ^$ 1,075,000

502 Monmouth Street

^$ 1,075,000

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502 Monmouth Street

Newport, KY, 41071

^$ 1,075,000

Studio Baths0.0 Sq 6,516

Monthly Estimate*

^$ 7,509

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Studio

Commercial Property for sale in Newport, KY

for $1,075,000. This 6,516 square foot building was built in 1870 on a lot size of 0.14.

500 Monmouth Street | 6,516 SF three (3) story mixed-use building at the SW corner of Monmouth St and 5th Street near several large-scale (and upcoming) development sites in Newport, KY. 1st Floor includes a beautifully maintained and appointed bar and restaurant. 2nd Floor consists of a secondary bar, event space, and reception room ideally suited for additional seating or private events. 3rd floor boasts panoramic views of the Riverfront and Downtown Cincinnati, which provides for untapped potential as a residential conversion or additional space for events and meetings. All FF&E included— full list available upon request.

Commercial Pending

Price

^$ 1,075,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.14

Year Built

1870

Town/City

Newport

County/Region

Campbell

MLS | Web ID

619731

Features

General

Sewer Public Sewer

Cooling Central Air

Construction Materials Brick

Year Built 1870

View City

Property SubType Retail

Business Type Grocery Professional/Office Business Apartments Bar/Tavern/Lounge Restaurant Commercial Food & Beverage Retail

County Campbell

New Construction No

Property Type E

Attached Garage No

Status Pending

Directions South on Monmouth - SW corner of Monmouth and 5th Street

City Newport

Buyer Agent Compensation 3.00

View Y/N Yes

Zoning Description Commercial Business

MLS Area K14 - Newport

Lot Size Square Feet 5968.0

Street Name Monmouth

MLS Area Minor K14 - Newport

Standard Status Pending

Buyer Agent Compensation Type %

Interior

Basement Full

Flooring Wood

Air Conditioning Y/N Yes

Street Suffix Street

Total Baths 0

Exterior

Parking Features Parking Lot On Site

Water Source Public

Total Parking 5.0

Lot Size Area 0.14

Lot Dimensions 75 x 88

Lot Size Acres 0.14

Road Surface Type Asphalt

Lot Size Units Acres

Lot Size Source Assessor

Land Lease Type Fee

* Excluded Features

List By

Coldwell Banker Commercial Reliant Realty

Broker

mjbastin@cbcreliantrealty.com

Affordability Calculator

$7,509

Per Month

Monthly Principal & Interest: $7,509
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Newport, KY

Average List Price ^$623,833

Percent of Sale Price 42%

About Newport, KY

15,424 Population

-7% Since 2002

^$37,754 Median Income

36.96 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

946173 Elementary School

946012 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/19/2024	$1,075,000		Listed Price

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502 Monmouth Street, Newport, KY, 41071 is a Commercial Property for sale at $1,075,000 with 6,516 sqft and a lot size of 0.14. 502 Monmouth Street is a studio with 0.0 baths and was built in 1870. The property's zip code is 41071 which is in Newport, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Northern KY Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern KY Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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502 Monmouth Street

Commercial Property for sale in Newport, KY

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