921 Monmouth Street, Newport, KY 41071

$899,900
7,797
SqFt

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List Price
$899,900
MLS#
643285
Status
ACTIVE
County
Campbell
City
Newport
Living Area
7,797
Acres
0.12

Property Description

Incredible commercial opportunity in the heart of Newport's Central Business District! Offering more than 6,500 square feet across two levels, this historic building presents exceptional flexibility for investors, restaurateurs, event operators, and entrepreneurs looking to establish a presence in one of Northern Kentucky's most active commercial corridors. The first floor is fully equipped for restaurant operations and features an inviting storefront with large display windows and abundant natural light. Included in the sale are all kitchen equipment, a large commercial hood system, two walk in coolers, bar area, drink stations, tables, chairs, barstools, and fixtures, creating a true turnkey opportunity. The restaurant space also includes three restrooms, including an ADA compliant restroom. A full basement provides substantial storage space and support areas for business operations. The second floor is truly remarkable, featuring soaring 16+ foot ceilings and an expansive open floor plan. Originally constructed as a ballroom and skating rink, this incredible space offers endless possibilities for events, entertainment, office, retail, hospitality, or redevelopment. The second floor benefits from its own entrance directly from Monmouth Street and can also be accessed via elevator or interior staircase. Additional features include several off street parking spaces behind the building accessed from the alley, as well as a large public parking lot directly across the street at the City Building. Located within the Monmouth Street Entertainment District (DORA), this property sits at the center of Newport's dining, entertainment, and business community. Combined with flexible CBD zoning that allows for a wide variety of uses, this is a rare opportunity to acquire a landmark property with unlimited potential.

Additional Information

Year Built
1875
Interior Features
Elevator
Cooling
Multi Units, Central Air
Heating
Forced Air, Natural Gas
Roof
Composition, Membrane

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Service.