Multi-Story Restaurant & Bar
For Sale
Contact for pricing
Pending
502 Monmouth St, Newport, KY 41071
Three-floor restaurant and bar building with a commercial kitchen, event space, unfinished penthouse, and fully equipped basement.
Property SizeContact for details
Days on Market133
Property Features for 502 Monmouth St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
KW Commercial
(859) 620-5830
Listed By:
Derrick Plunkett · License #KY 219608
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 20 at 5:35PM
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 KW Commercial
Investment Insights
Based on property information with market context.
This turn-of-the-century, multi-story restaurant and bar building features three floors plus a full basement. The entry level is the focal point, delivering a restaurant/bar venue with an on-site commercial kitchen designed for food service operations. The second floor is a finished event/party/reception room that supports group rentals.
The upper level is an unfinished free-span penthouse space with remarkable river views, offering flexible room options depending on how the space is finished and used. The property also includes a full basement that is well equipped with the necessities typically associated with established food service venues, with an appealing finished look.
Overall, the building’s configuration supports a hospitality-led setup across public-facing dining and bar areas, private event use, and a customizable top-floor penthouse level.
The upper level is an unfinished free-span penthouse space with remarkable river views, offering flexible room options depending on how the space is finished and used. The property also includes a full basement that is well equipped with the necessities typically associated with established food service venues, with an appealing finished look.
Overall, the building’s configuration supports a hospitality-led setup across public-facing dining and bar areas, private event use, and a customizable top-floor penthouse level.
Key Highlights
- Three‑floor restaurant and bar building with commercial kitchen and dedicated event space
- Entry level features a restaurant/bar venue plus a commercial kitchen
- Second floor offers a finished event/party/reception room used for group rentals
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,992
Businesses Nearby
101k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 13%
Hotels & Casinos 6%
Brio Italian Grille
Dining
25,275 visits/mo
0.2 miles
Cold Stone Creamery
Dining
23,002 visits/mo
0.2 miles
White Castle
Dining
14,242 visits/mo
0.2 miles
Tom + Chee
Dining
13,246 visits/mo
0.2 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?
Conventional restaurant - Three-floor restaurant and bar building with a commercial kitchen, event space, unfinished penthouse, and fully equipped basement.
Where is this conventional restaurant located?
The property is located at 502 Monmouth St Newport, KY.
What are key features of this property?
This property features: Three‑floor restaurant and bar building with commercial kitchen and dedicated event space; Entry level features a restaurant/bar venue plus a commercial kitchen; Second floor offers a finished event/party/reception room used for group rentals
