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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 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
Listed By: Gabriela Costantini · License #2018001126
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.

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 (±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.

Property 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

2,115
Businesses Nearby
95k
Monthly Visits Nearby

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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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
(513) 600-6168 Call to check price and availability
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