Incredible commercial opportunity in the heart of Newport's Central Business District! Offering more than 6,500 square feet across two levels, this historic building presents exceptional flexibility for investors, restaurateurs, event operators, and entrepreneurs looking to establish a presence in one of Northern Kentucky's most active commercial corridors.
The first floor is fully equipped for restaurant operations and features an inviting storefront with large display windows and abundant natural light. Included in the sale are all kitchen equipment, a large commercial hood system, two walk in coolers, bar area, drink stations, tables, chairs, barstools, and fixtures, creating a true turnkey opportunity. The restaurant space also includes three restrooms, including an ADA compliant restroom.
A full basement provides substantial storage space and support areas for business operations.
The second floor is truly remarkable, featuring soaring 16+ foot ceilings and an expansive open floor plan. Originally constructed as a ballroom and skating rink, this incredible space offers endless possibilities for events, entertainment, office, retail, hospitality, or redevelopment. The second floor benefits from its own entrance directly from Monmouth Street and can also be accessed via elevator or interior staircase.
Additional features include several off street parking spaces behind the building accessed from the alley, as well as a large public parking lot directly across the street at the City Building.
Located within the Monmouth Street Entertainment District (DORA), this property sits at the center of Newport's dining, entertainment, and business community. Combined with flexible CBD zoning that allows for a wide variety of uses, this is a rare opportunity to acquire a landmark property with unlimited potential.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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