1002 Monmouth Street, Newport, KY 41071

$550,000
5,456
SqFt

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List Price
$550,000
MLS#
643689
Status
ACTIVE
County
Campbell
City
Newport
Living Area
5,456
Acres
0.05

Property Description

Redevelopment, Investment, or Owner-User Opportunity, positioned in the heart of Newport's thriving Monmouth Street corridor, 1002 Monmouth Street presents a rare opportunity to acquire a substantial commercial building with both immediate occupancy potential and long-term redevelopment upside. The approximately 9,086-square-foot property occupies a highly visible location surrounded by restaurants, retail, entertainment venues, and residential development, just minutes from downtown Cincinnati. The building's size, layout, and urban location create multiple paths to value, including continued commercial use, owner-occupancy, investment ownership, or potential adaptive reuse. Investors may wish to explore the feasibility of converting the property into multifamily apartments, mixed-use residential/commercial space, boutique hospitality, or other redevelopment concepts, subject to zoning and municipal approvals. Located within one of Northern Kentucky's most walkable and rapidly evolving urban districts, the property benefits from growing demand for urban housing and proximity to major employment centers throughout Greater Cincinnati.

Additional Information

Year Built
1903
Cooling
Central Air
Heating
Hot Water
Exterior Features
Sidewalks
Roof
Membrane

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Calculator source: Real Geeks

Listing courtesy of Pivot Realty Group.