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Long-Established Tavern with New Roof
For Sale
Contact for pricing
Pending

502 Washington Avenue, Newport, KY 41071

Long-established tavern for sale, with a new roof installed in 2020.

Property SizeContact for details
Days on Market148

Property Features for 502 Washington Avenue

General Information

Standard status Pending
Property subtype Retail
Listing Agency: RE/MAX Affiliates
Listed By: Patrick Gregory · License #KY 48055
Source: Crexi
Added: Apr 11 Changed: Sep 4 Last Checked: Sep 4 at 11:35PM

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 RE/MAX Affiliates

Investment Insights

Based on property information with market context.

Mansion Hill Tavern is a long-established tavern offered for sale. The property has a new roof installed in 2020. The seller also notes the tavern could be purchased with an adjoining duplex to allow expansion of the tavern.

The property is located at 502 Washington Avenue in Newport, Kentucky, at the listed address.

Key Highlights

  • Long‑established tavern for sale
  • New roof installed in 2020
  • Adjoining duplex at 506 Washington available for purchase to expand the tavern

Property Analytics

Current Use

ATM Atm Mansion Hill Tavern Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Electrical Service Acupuncture Nursing Home Accounting Firm

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

2,080
Businesses Nearby
115k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 71% Shops & Services 23% Hotels & Casinos 5%
Brio Italian Grille Dining
25,275 visits/mo 0.3 miles
Cold Stone Creamery Dining
23,002 visits/mo 0.4 miles
White Castle Dining
14,242 visits/mo 0.3 miles
Speedway Shops & Services
14,232 visits/mo 0.4 miles
Tom + Chee Dining
13,246 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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Butch's Sports Bar 1045 Central Ave, Newport, KY 41071
  • Smiley's Bar & Grille at Newport Racing & Gaming 1723 Monmouth St, Newport, KY 41071
  • Diamond Debbies 717 Patterson St, Newport, KY 41071
  • Sheena's Cafe Llc 802 Isabella St, Newport, KY 41071
  • T C Cafe 1002 Columbia St, Newport, KY 41071

Frequently Asked Questions

What type of property is this?
Bar & Pub - Long-established tavern for sale, with a new roof installed in 2020.
Where is this bar & pub located?
The property is located at 502 Washington Avenue Newport, KY.
What are key features of this property?
This property features: Long‑established tavern for sale; New roof installed in 2020; Adjoining duplex at 506 Washington available for purchase to expand the tavern
More about this property
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