1101 Isabella St, Newport, KY 41071
Historic corner property combining a rented storefront and multiple apartments for steady, mixed-use income.
- Added:
- May 15, 2026
- Days on Market:
- 34
- Last Refresh:
- Jun 16 at 1:54 am
Property Features for 1101 Isabella St
General Information
- Standard status
- Active
- Size
- 3,930 SF
Listing agent Alex Navarrete Team (859) 525-7900
Listing office Huff Realty - Florence (859) 525-7900
Listing date May 15, 2026
Source Exprealty
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HighLights
- Historic corner property with mixed‑use setup: rented storefront plus apartments
- Includes a storefront currently rented for a business
- Residential mix includes one 2‑bedroom apartment and three studio units
- Entire property is fully rented and generating income
- Commercial and residential units combine for an income‑producing, mixed‑use structure
Overview
The property sits on a corner lot, with the storefront positioned for visibility from surrounding traffic. It is offered for sale at 1101 Isabella St, Newport, KY.
For buyers seeking a turnkey mixed-use setup, the combination of an operating retail component and multiple apartment units may provide a practical residential and commercial holding structure in one asset. The current configuration—rented storefront plus multiple occupied units—can support owners looking for an income-producing property with both retail and residential tenancy within the same footprint.
Local 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 | $64.6k | $16.44 |
| − Vacancy | −$2.1k | −$0.54 |
| EGI | $62.5k | $15.90 |
| − OpEx | −$18.7k | −$4.77 |
| NOI | $43.7k | $11.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Campbell
- State
- Kentucky
- Longitude
- -84.4934205
- Latitude
- 39.0826717
