Mixed-Use Building with Retail and
For Sale
Contact for pricing
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 Market363
Property Features for 1002 York St
General Information
Standard status
Active
Size
3,358 SF
Property subtype
RETAIL
Listing Agency:
3CRE Advisors, LLC - corporate
(513) 600-6168
Listed By:
Gabriela Costantini · License #2018001126
(513) 600-6168
Source:
Moodyscre
Added: Aug 4, 2025
Changed: Jul 30
Last Checked: Jul 31 at 8:31AM
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
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.
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.2k | $16.44 |
| − Vacancy | −$1.8k | −$0.54 |
| EGI | $53.4k | $15.90 |
| − OpEx | −$16.0k | −$4.77 |
| NOI | $37.4k | $11.13 |
3,358 SF · lease $16.44/SF/yr · vacancy 3.28% · expense 30.00%
Alternative Uses
Best Use
Retail
$533.9K
$467.2K – $622.9K
NOI $37,376 @ 7.0% cap · market cap 6.80%
Second Best
Mixed Use
$496.5K
$434.4K – $579.3K
NOI $34,755 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$921.1K
$805.9K – $1.07M
NOI $64,474 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,115
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 7%
Hotels & Casinos 6%
Brio Italian Grille
Dining
25,275 visits/mo
0.1 miles
Cold Stone Creamery
Dining
23,002 visits/mo
0.2 miles
White Castle
Dining
14,242 visits/mo
0.1 miles
Tom + Chee
Dining
13,246 visits/mo
0.1 miles
Hooters
Dining
6,378 visits/mo
0.4 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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