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1019 Monmouth Street, Newport, KY 41071

MLS# 639959 Active Source MLS Verified

$570,000

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0 Beds
0 Baths
1,625 Sq Ft
meeting_room
3 Total Rooms
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1930 Year Built
grass
0.02 Acres
paid
$351 Per Sq Ft
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No Has HOA

About This Home

Very strong investor asset. Turnkey, Low-CapEx Commercial Asset that's fully modernized & ADA-compliant 1st floor. 1019 Monmouth Street presents a rare opportunity to acquire a fully modernized, dual-level commercial building with virtually all major capital improvements already completed. Both the main floor and garden level were completely renovated, including new mechanical, electrical, and plumbing systems throughout, significantly reducing near-term and mid-term capital expenditure risk. Electrical service has been upgraded to 400 amps with multiple 220V connections on both levels, allowing for flexible commercial, service, or light-use tenancy. Separate electrical metering further supports multi-tenant or mixed-use configurations. Plus, Cat 5 data wiring, and high-efficiency HVAC systems with new gas furnaces and rooftop condensers. Major exterior and structural improvements include a new roof, gutters, masonry restoration, lintel repairs, drainage systems, and high-efficiency Pella Architect Series aluminum windows, offering long-term durability and energy efficiency. A professional sump pump and drain tile system protects the garden level, and ADA-compliant access on the upper level enhances usability and tenant appeal. Additional value drivers include a new rear 3-car concrete driveway, updated sidewalks, exterior safety lighting, and modern storefront visibility along the Monmouth Street corridor.

Facts & Features

home Property Details

Home Type Commercial Sale
Sub Type Mixed Use
Year Built 1930 (96 yrs)
Construction Brick
Roof Membrane
Foundation Poured Concrete

landscape Lot Information

Lot Size 0.02 Acres
Lot Sq Ft 2,831 sq ft
Dimensions 30 x 90

garage Parking & Garage

Garage Spaces 0
Parking Features Lighted, Public, Private, On Street, Parking Lot

chair Interior Features

Flooring Wood, Tile

thermostat Heating & Cooling

Heating Forced Air, Natural Gas
Cooling See Remarks, Central Air

electrical_services Utilities

Water Public
Sewer Public Sewer
Utilities Natural Gas Available, Water Available

deck Exterior & Outdoor

Exterior Features Storage, Lighting, Sidewalks, Curbs

Estimated Monthly Payment

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location_on Location

Address 1019 Monmouth Street, Newport, KY 41071
County Campbell

Property History

Date Event Price
02/18/2026 sell Listed for Sale $570,000
04/07/2026 schedule 48 Days on Market $570,000

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