• Flo-Rida Building - 736 Monmouth St, Newport, KY 41071

For Sale

Multi-Family

For Sale

This property is available for sale
0.08
Acres
$950,000
Sale Price
  • Year Built
    1908
  • Total Building Size
    13,226 RSF
  • Overview

    KW Commercial is proud to present this dual usage property. This building in in the heart of Newport in the midst of the heavy retail corridor. The building has been recently updated with a full facia upgrade. The building has been well maintained. The property is 100% Occupied. Property has three (3) retail spaces on the ground floor accessing the heavy Newport walk traffic. The second floor contains 6 multifamily residential spaces. all units are in great condition and rent extremely fast. The units are larger in size compared to the typical rental space in the area. We feel there is a value add to a buyer as the residential rental units are underpriced. The top floor is open penthouse space that can be used for many different opportunities. We feel that additional multi family or professional office space will be the best fit yet your new concept may be just the ticket that draws the Newport crowds.

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Property Details

KW Commercial is proud to present this dual usage property. This building in in the heart of Newport in the midst of the heavy retail corridor. The building has been recently updated with a full facia upgrade. The building has been well maintained. The property is 100% Occupied. Property has three (3) retail spaces on the ground floor accessing the heavy Newport walk traffic. The second floor contains 6 multifamily residential spaces. all units are in great condition and rent extremely fast. The units are larger in size compared to the typical rental space in the area. We feel there is a value add to a buyer as the residential rental units are underpriced. The top floor is open penthouse space that can be used for many different opportunities. We feel that additional multi family or professional office space will be the best fit yet your new concept may be just the ticket that draws the Newport crowds.

  • Property Type
    Multi-Family
  • Submarket
  • Year Built
    1908
  • Sale Price
    $950,000
  • Total Building Size
    13,226RSF
  • Total Acres
    0.08
  • Property ID
    2128928

Landlord's Sales Representative

  • Derrick Plunkett
    Accel Commercial RE