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Mixed-Use Building with Retail and Residence
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1002 York St, Newport, KY 41071

Ground-floor retail space with an upstairs three-bedroom, three-bath multifamily unit in Newport, Kentucky.

Property Size3,358 SF
Price / SF$163.79
Days on Market456

Property Features for 1002 York St

General Information

Standard status Active
Size 3,358 SF
Property subtype RETAIL
Listing Agency: 3CRE Advisors, LLC - corporate
Listed By: Gabriela Costantini · License ##218754
Source: Moodyscre
Added: Aug 4, 2025 Changed: Nov 2 Last Checked: Nov 1 at 6:26AM

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 3CRE Advisors, LLC - corporate

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property offers a practical first-floor retail layout paired with a second-floor multifamily residence. The building includes retail space on the first floor and a spacious upstairs unit on the second floor.

The upstairs residence features three bedrooms and three full bathrooms, providing flexible space for long-term living and rental appeal. The property totals 3,358 square feet and is located at 1002 York St in Campbell County, in the heart of Newport, Kentucky.

With retail below and living space above, the configuration supports mixed-use functionality in a single building footprint.

Key Highlights

  • 3,358 SF mixed‑use building at 1002 York St, Campbell County, Newport, KY
  • Ground‑floor retail space
  • Second‑floor multifamily unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,376
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,520 $747.5K
Cap Rate 7%
$533,943 $533.9K
Cap Rate 9%
$415,289 $415.3K
Market Conditions
NOI Build-Up for 3,358 SF
Gross rent
$55.2K $16.44/SF
− Vacancy
−$1.8K −$0.54/SF
EGI
$53.4K $15.90/SF
− OpEx
−$16.0K −$4.77/SF
NOI
$37.4K $11.13/SF
Area
Campbell County, KY
Vacancy
3.28%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,520
Cap Rate 7%
$533,943
Cap Rate 9%
$415,289

Alternative Uses

Best Use
Retail
$533.9K
$467.2K – $622.9K (±1% cap)
NOI $37,376 @ 7.0% cap · market cap 6.80%
Second Best
Mixed Use
$496.5K
$434.4K – $579.3K (±1% cap)
NOI $34,755 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$921.1K
$805.9K – $1.07M (±1% cap)
NOI $64,474 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ATM Atm Rj Market Grocery & Convenience Store Mike's Carry Out Grocery & Convenience Store CoinFlip Bitcoin ATM Atm

Suggested Use

Top Pick Acupuncture (Bike/Boat/Book/etc) Store Home Appliance Store Accounting Firm Travel Agency Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,910
Businesses Nearby
137k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 28% Shops & Services 27% Apparel 26% Groceries 12%
Ross Dress for Less Apparel
19,713 visits/mo 0.3 miles
Aldi Groceries
16,430 visits/mo 0.3 miles
Burlington Apparel
15,779 visits/mo 0.3 miles
Speedway Shops & Services
14,232 visits/mo 0.4 miles
Skyline Chili Dining
11,568 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail space with an upstairs three-bedroom, three-bath multifamily unit in Newport, Kentucky.
Where is this mixed-use property located?
The property is located at 1002 York 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: 3,358 SF mixed‑use building at 1002 York St, Campbell County, Newport, KY; Ground‑floor retail space; Second‑floor multifamily unit
(513) 600-6168 Call to check price and availability
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