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Listed by Keller Williams Realty Service
$ 899,900
Est. payment /mo
Active
921 Monmouth Street Newport, KY 41071
5,140 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 643285
Year Built 1875
Lot Size 5,140 Sqft
Property Sub-Type Mixed Use
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.
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.
Location
State KY
County Campbell
Rooms
Basement Full
Interior
Interior Features Elevator
Heating Natural Gas, Forced Air
Cooling Central Air, Multi Units
Flooring Other, Carpet, Concrete, Tile, Vinyl, Wood
Exterior
Parking Features Public, On Site, Parking Lot, On Street
View Y/N Y
View City
Roof Type Composition,Membrane
Building
Story Two
Foundation Stone
Sewer Public Sewer
Level or Stories Two
New Construction No
Others
Special Listing Condition Standard