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Historic Concert Venue and Bar
For Sale
$1,199,000

24 E 3rd St, Newport, KY 41071

Historic 1812-era property configured for live music, bar service, and entertainment-oriented commercial uses.

Property Size19,106 SF
Price / SF$62.76
Days on Market211

Property Features for 24 E 3rd St

General Information

Standard status Active
Size 19,106 SF

Additional Details

Business Included Yes

Building Details

Year Built 1812
Listing Agency: Horan Rosenhagen Real Estate
Listed By: Clayton Horan · License #230889
Source: Exprealty
Added: Jan 2 Changed: Jul 10 Last Checked: Jul 31 at 6:11PM

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 Horan Rosenhagen Real Estate

Investment Insights

Based on property information with market context.

This historic commercial property dates back to 1812 and has operated for the past several years as a concert venue and bar. The building offers a spacious, versatile interior layout designed to support live music and hospitality uses, with a configuration that can also work for other entertainment, hospitality, or creative commercial concepts.

The property is prominently located at 24 E 3rd Street and benefits from strong visibility. It is also described as having walkable access to nearby businesses, restaurants, and nightlife, supporting an atmosphere well-suited to evening activity and guest traffic.

For buyers and operators, the building’s established entertainment and bar use profile may appeal to concepts looking for a ready-to-activate venue environment. The combination of a distinctive historic setting and a spacious interior can be attractive for operators seeking a hospitality-forward footprint, as well as for investors or developers interested in repurposing a landmark property for new commercial uses.

Key Highlights

  • Historic 1812‑era commercial property at 24 E 3rd Street
  • Configured for entertainment uses including live music and bar service
  • Spacious layout designed for hospitality, entertainment, or creative commercial uses

Property Analytics

Current Use

Thompson House Music Venue

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Storage Facility Building Supply Veterinary Clinic Pharmacy

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

Lease Details

Turnkey business
Opportunity

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?
Theater & concert hall - Historic 1812-era property configured for live music, bar service, and entertainment-oriented commercial uses.
Where is this theater & concert hall located?
The property is located at 24 E 3rd St Newport, KY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Historic 1812‑era commercial property at 24 E 3rd Street; Configured for entertainment uses including live music and bar service; Spacious layout designed for hospitality, entertainment, or creative commercial uses
More about this property
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