Retail Space
502 Monmouth Street Newport, KY 41071
Details & Description
Price: $1,000,000
    Keller Williams Commercial is pleased to present this turn of the century building boasting its old world charm yet elegantly updated to please the new buyer in this restaurants cozy new age finishes. Building has three floors with the focal point being on the entry level that shouts wow as you enter the restaurant / bar area. This level holds a remarkable restaurant venue with a kitchen that will make any chef grin. The second floor is an event/ party/ reception room that is used for group rentals. This space is also well finished and awaits your clients usage. The upper level is an unfinished free-span penthouse space with remarkable views of the river. This space has unlimited usages from penthouse VIP Dining to professional office penthouse to a phenomenal residential penthouse suite or potentially just additional party room space. Finally the basement space is a full basement that is well equipped with the necessities of any great food service venues. The basement tells the story of these old buildings and you will be pleasantly surprised as it is beautiful as well.This is just a must see property as you will positively not be disappointed in what you about to experience.
    Property Highlights
     Heavy traffic exposure with an also amazing foot traffic count located in the heart of Newport
     Heavy traffic exposure with an also amazing foot traffic count located in the heart of Newport
    Listing Agents
    Derrick Plunkett

    O: 859-620-5830
    dp.kwcommercial@gmail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    502 Monmouth Street

    Newport, KY 41071

    Listing ID: 272339
    • 502 Monmouth Street Newport, KY 41071 | for Sale | Photo 1
    • 502 Monmouth Street Newport, KY 41071 | for Sale | Photo 2
    • 502 Monmouth Street Newport, KY 41071 | for Sale | Photo 3
    502 Monmouth Street | for Sale | Thumbnail 1
    502 Monmouth Street | for Sale | Thumbnail 2
    502 Monmouth Street | for Sale | Thumbnail 3
    Building Size: 6,516 SF
    Lot Size: 0.100 AC
    Land Size: 4,356 SF
    Building $/SF: $153.47
    Land $/SF: $229.57
    Price
    $1,000,000
    Property Highlights
    Heavy traffic exposure with an also amazing foot traffic count located in the heart of Newport
    Description

    Keller Williams Commercial is pleased to present this turn of the century building boasting its old world charm yet elegantly updated to please the new buyer in this restaurants cozy new age finishes. Building has three floors with the focal point being on the entry level that shouts wow as you enter the restaurant / bar area. This level holds a remarkable restaurant venue with a kitchen that will make any chef grin. The second floor is an event/ party/ reception room that is used for group rentals. This space is also well finished and awaits your clients usage. The upper level is an unfinished free-span penthouse space with remarkable views of the river. This space has unlimited usages from penthouse VIP Dining to professional office penthouse to a phenomenal residential penthouse suite or potentially just additional party room space. Finally the basement space is a full basement that is well equipped with the necessities of any great food service venues. The basement tells the story of these old buildings and you will be pleasantly surprised as it is beautiful as well.

    This is just a must see property as you will positively not be disappointed in what you about to experience.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Cincinnati History of Retail Space for Sale

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    Newport Area Market Trends

    Listing Demographics for 502 Monmouth Street Newport, KY 41071

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population20,066128,762271,096
    Population Median Age393736
    Population by Age0-9 Yrs2268 (11%)14329 (11%)31849 (11%)
    10-19 Yrs1517 (7%)13622 (10%)34684 (12%)
    20-29 Yrs3909 (19%)27829 (21%)55494 (20%)
    30-39 Yrs3346 (16%)19181 (14%)38674 (14%)
    40-49 Yrs2218 (11%)13557 (10%)28262 (10%)
    50-59 Yrs2952 (14%)16838 (13%)33092 (12%)
    60-69 Yrs2009 (10%)13206 (10%)27326 (10%)
    70+ Yrs1847 (9%)10199 (7%)21715 (8%)
    Median HH Income$49,166$45,527$46,901
    Total Household Income< 24K2576 (28%)18533 (31%)35851 (30%)
    25-49K1907 (21%)12753 (21%)25760 (21%)
    50-74K1192 (13%)9448 (15%)18712 (15%)
    75-99K848 (9%)5415 (9%)11225 (9%)
    100-199K1668 (18%)9638 (16%)19041 (16%)
    200K+696 (7%)3337 (5%)7742 (6%)
    Highest Education LevelNo Diploma23851071921287
    Diploma or GED42782187742606
    Some College22281598132195
    Assoc. Degree663551310967
    Bachelors Degree30641991440631
    Higher Degree23011323429591
    Total Housing Units10,57170,470139,615
    --Owner-Occupied3,87424,51052,636
    --Renter-Occupied5,01334,61465,695
    Owner-Occupied Values< 100K1117697114962
    100-199K920799815979
    200-299K63441338605
    300-399K52122025225
    400-499K23311202853
    500K+45020865011
    Total Working Age Population16,851107,958222,837
    In Work Force9,88770,770145,436
    Not In Work Force6,96437,18877,400
    Workforce Employed9,35465,879135,484
    Workforce Unemployed5284,8609,888
    Civlian Workforce9,88270,738145,371
    Military Workforce53165
    Total Households8,88759,124118,330
    Family Households4,13825,65054,849
    Non-Family Households4,74933,47463,481
    Married Couple2,59215,58733,307
    Other Family1,54710,06221,542
    Married w/Child6284,84311,648
    Single Male w/Child1661,0032,237
    Single Female w/Child6054,7309,941

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Campbell County88,616+290,336+392,898+193,473
    Kenton County151,464+5159,720+6169,386+4176,039
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Hamilton County845,303-5802,374-1790,600-1785,900

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 502 Monmouth Street in Newport?
    The asking price for 502 Monmouth Street is $1,000,000
    What is the building size of this Retail property in Newport, KY?
    The size of the building/unit at 502 Monmouth Street in Newport is 6,516 square feet
    How much land does the Newport, KY property at 502 Monmouth Street include?
    502 Monmouth Street in Newport includes 0.100 acres of land
    What kind of Retail is the propery at 502 Monmouth Street?
    The property at 502 Monmouth Street Newport, KY 41071 is listed as a Food Service Retail property
    What is the population within 1 mile of 502 Monmouth Street in Newport?
    The population within 1 mile of 502 Monmouth Street Newport, KY 41071 is 20,066 people.
    Who do I contact for questions about 502 Monmouth Street?
    You should contact the listing agent, Derrick Plunkett, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Cincinnati Northern Kentucky International Airport (CVG) 10
    James M Cox Dayton International Airport (DAY) 58
    Blue Grass Airport (LEX) 73