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    24 E 3Rd St Newport, KY 41071

    Sponsored
    For Sale
    $1,500,000

    COMMERCIAL - Newport, KY

    Type:Retail
    Property size:
    19,106 SF
    Lot size:
    0.43 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 24 E 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Window features
    Vinyl Frames, Wood Frames
    Rooms
    Basement
    APN
    999-99-00-161.00
    Parking features
    On Street
    Exterior features
    Sidewalks
    Basement
    Partial
    Size
    19,106 SF
    Lot size
    0.43 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1812
    Floors in Building
    3
    Flooring type
    Wood, Concrete, Vinyl, Carpet
    Building materials
    Brick
    Roof type
    Shingle, Membrane, Slate

    H/R Real Estate LLC 3229859

    Listing agent Clayton Horan (859) 415-4477 License #230889

    Listing date Jan 2, 2026

    Copyright © 2026 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Commercial Property in Newport

    This iconic commercial property, dating back to 1812, is prominently located. For the past several years, the building has operated as a well-known concert venue and bar, hosting live music and entertainment. Over the life of the property, this has played multiple roles within the community, reflecting the rich character and evolution of the surrounding area. The property offers a spacious layout with great utility, well-suited for entertainment, hospitality, or creative commercial uses, with strong visibility and walkable access to nearby businesses, restaurants, and nightlife. The property size is 19106 square feet, situated on a lot of 0.43 acres. This property presents a rare chance to own a piece of local history while positioning for future growth and redevelopment in a high-demand urban corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thompson House Live Music Venue

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Law Firm Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Madison Live!, Knowledge Bar and Social Room, Ripple Wine Bar | Wine Bar & Restaurant | Covington, KY, Olde Towne Tavern, Agave & Rye Covington

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Campbell
    State
    Kentucky
    Longitude
    -84.496158
    Latitude
    39.09353

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    FAQs

    What type of property is this?
    Bar - Historic commercial property suitable for entertainment, hospitality, or creative uses.
    Where is this bar located?
    The property is located at 24 E 3Rd St Newport, KY.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Iconic commercial property with a history dating back to 1812; - Spacious layout suitable for entertainment, hospitality, or creative commercial uses; - Established concert venue and bar with a strong presence in the local scene
    (859) 415-4477
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    24 E 3Rd St Newport, KY 41071
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    Newport, KY 41071
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24 E 3Rd St Newport, KY 41071
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