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KW Commercial is proud to present this dual usage property. This building in in the heart of Newport in the midst of the heavy retail corridor. The building has been recently updated with a full facia upgrade. The building has been well maintained. The property is 100% Occupied. Property has three (3) retail spaces on the ground floor accessing the heavy Newport walk traffic. The second floor contains 6 multifamily residential spaces. all units are in great condition and rent extremely fast. The units are larger in size compared to the typical rental space in the area. We feel there is a value add to a buyer as the residential rental units are underpriced. The top floor is open penthouse space that can be used for many different opportunities. We feel that additional multi family or professional office space will be the best fit yet your new concept may be just the ticket that draws the Newport crowds.
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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.
Total Population | 19,480 | 124,695 | 264,544 | |
Population Median Age | 39 | 38 | 36 | |
Population by Age | 0-9 Yrs | 2297 (11%) | 14348 (11%) | 30813 (11%) |
10-19 Yrs | 1599 (8%) | 12029 (9%) | 33962 (12%) | |
20-29 Yrs | 3573 (18%) | 25454 (20%) | 54424 (20%) | |
30-39 Yrs | 3220 (16%) | 19182 (15%) | 37637 (14%) | |
40-49 Yrs | 2175 (11%) | 13615 (10%) | 27481 (10%) | |
50-59 Yrs | 2805 (14%) | 16730 (13%) | 32179 (12%) | |
60-69 Yrs | 1941 (9%) | 13068 (10%) | 26648 (10%) | |
70+ Yrs | 1870 (9%) | 10270 (8%) | 21399 (8%) | |
Median HH Income | $44,178 | $46,906 | $47,294 | |
Total Household Income | < 24K | 2605 (30%) | 17718 (30%) | 34635 (30%) |
25-49K | 1912 (22%) | 12358 (21%) | 25147 (21%) | |
50-74K | 1127 (13%) | 9303 (16%) | 18237 (15%) | |
75-99K | 747 (8%) | 5399 (9%) | 10955 (9%) | |
100-199K | 1498 (17%) | 9759 (16%) | 18737 (16%) | |
200K+ | 515 (6%) | 3329 (5%) | 7680 (6%) | |
Highest Education Level | No Diploma | 2463 | 10620 | 20472 |
Diploma or GED | 4265 | 21846 | 41219 | |
Some College | 2255 | 15875 | 31208 | |
Assoc. Degree | 665 | 5513 | 10760 | |
Bachelors Degree | 2747 | 19818 | 39948 | |
Higher Degree | 1896 | 13069 | 29143 | |
Total Housing Units | 10,028 | 68,674 | 136,089 | |
--Owner-Occupied | 3,802 | 24,749 | 51,655 | |
--Renter-Occupied | 4,602 | 33,118 | 63,736 | |
Owner-Occupied Values | < 100K | 1204 | 7001 | 14409 |
100-199K | 1011 | 8120 | 15715 | |
200-299K | 595 | 4150 | 8548 | |
300-399K | 484 | 2274 | 5158 | |
400-499K | 191 | 1104 | 2838 | |
500K+ | 317 | 2099 | 4987 | |
Total Working Age Population | 16,203 | 103,747 | 217,891 | |
In Work Force | 9,283 | 68,587 | 142,163 | |
Not In Work Force | 6,920 | 35,160 | 75,728 | |
Workforce Employed | 8,751 | 63,996 | 132,579 | |
Workforce Unemployed | 532 | 4,560 | 9,523 | |
Civlian Workforce | 9,283 | 68,556 | 142,102 | |
Military Workforce | 0 | 31 | 62 | |
Total Households | 8,404 | 57,867 | 115,391 | |
Family Households | 4,076 | 25,716 | 53,332 | |
Non-Family Households | 4,328 | 32,151 | 62,058 | |
Married Couple | 2,432 | 15,730 | 32,662 | |
Other Family | 1,644 | 9,986 | 20,671 | |
Married w/Child | 634 | 4,944 | 11,429 | |
Single Male w/Child | 162 | 1,019 | 2,145 | |
Single Female w/Child | 650 | 4,679 | 9,477 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Kentucky | 4,041,769 | +7 | 4,339,367 | +4 | 4,533,464 | +4 | 4,726,382 |
Campbell County | 88,616 | +2 | 90,336 | +3 | 92,898 | +1 | 93,473 |
Kenton County | 151,464 | +5 | 159,720 | +6 | 169,386 | +4 | 176,039 |
Ohio | 11,353,140 | +2 | 11,536,504 | 0 | 11,574,870 | 0 | 11,615,100 |
Hamilton County | 845,303 | -5 | 802,374 | -1 | 790,600 | -1 | 785,900 |