Mixed-Use Redevelopment Commercial
For Sale
$550,000
1002 Monmouth St, Newport, KY 41071
Substantial commercial building on Monmouth Street with redevelopment flexibility for commercial or alternative uses.
Property Size5,456 SF
Price / SF$100.81
Days on Market58
Property Features for 1002 Monmouth St
General Information
Standard status
Active
Size
5,456 SF
Listing Agency:
Pivot Realty Group
(859) 916-0728
Listed By:
David Wiener
(859) 916-0728
Source:
Exprealty
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 10 at 9:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pivot Realty Group
Investment Insights
Based on property information with market context.
1002 Monmouth Street is an approximately 9,086-square-foot commercial property offering multiple paths for occupancy, investment ownership, or redevelopment. The building’s size and urban layout support continued commercial use or owner-occupancy, and it may also be evaluated for adaptive reuse depending on approvals. The asset is positioned to allow a range of strategies, including maintaining existing commercial use or pursuing an alternate concept through the appropriate permitting process.
The property is located in the heart of Newport’s Monmouth Street corridor, on a highly visible stretch surrounded by restaurants, retail, entertainment venues, and residential development. It is described as being just minutes from downtown Cincinnati, with access to broader regional employment centers within Greater Cincinnati.
For investors and buyers, the building’s footprint and setting may support feasibility review for conversion to multifamily apartments, mixed-use residential and commercial space, boutique hospitality, or other redevelopment concepts, subject to zoning and municipal approvals. For owner-users, the property’s substantial size and prominent corridor location can align with a continued commercial presence or a reconfiguration to match an operating need, while redevelopment options remain available for longer-term planning.
The property is located in the heart of Newport’s Monmouth Street corridor, on a highly visible stretch surrounded by restaurants, retail, entertainment venues, and residential development. It is described as being just minutes from downtown Cincinnati, with access to broader regional employment centers within Greater Cincinnati.
For investors and buyers, the building’s footprint and setting may support feasibility review for conversion to multifamily apartments, mixed-use residential and commercial space, boutique hospitality, or other redevelopment concepts, subject to zoning and municipal approvals. For owner-users, the property’s substantial size and prominent corridor location can align with a continued commercial presence or a reconfiguration to match an operating need, while redevelopment options remain available for longer-term planning.
Key Highlights
- Approximately 9,086‑square‑foot commercial building at 1002 Monmouth Street on Newport’s Monmouth Street corridor
- Redevelopment flexibility for continued commercial use, owner‑occupancy, investment ownership, or adaptive reuse
- Potential uses mentioned include conversion to multifamily apartments or mixed‑use residential/commercial space
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,326
Businesses Nearby
Explore this area
Business Placement
Demographics for 41071, KY
19,796
Population
10,883
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
3,599
Density / Sq Mi
$58,329
Median Household Income
$44,836
Median Earnings
$1,047
Median Rent
$186,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Substantial commercial building on Monmouth Street with redevelopment flexibility for commercial or alternative uses.
Where is this office building located?
The property is located at 1002 Monmouth St Newport, KY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 9,086‑square‑foot commercial building at 1002 Monmouth Street on Newport’s Monmouth Street corridor; Redevelopment flexibility for continued commercial use, owner‑occupancy, investment ownership, or adaptive reuse; Potential uses mentioned include conversion to multifamily apartments or mixed‑use residential/commercial space
