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916 Monmouth St 8,400 SF 100% Leased Office Building Newport, KY 41071 $1,899,000 ($226.07/SF)
Investment Highlights
- 25 Space parking lot
- Zoned CBD for strategic leasing
- 7,400 SF of versatile space
- Prime location in Newport, KY
Executive Summary
Maximize your investment potential with this remarkable property boasting 8,400 SF of space with a 25 space parking lot, this building is an impressive asset for office or office building investors. Zoned CBD, it offers the versatility and strategic positioning crucial for leveraging Northern Kentucky's thriving commercial market. This well-located property provides ample space for innovative development, making it an attractive prospect for investors seeking to establish a significant presence in this dynamic area. Embrace the opportunity to shape the future of your investment portfolio with this prime asset in the heart of Northern Kentucky's thriving business district..
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,400 SF
Building Class
B
Year Built
1910
Price
$1,899,000
Price Per SF
$226.07
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,400 SF
Building FAR
1.05
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
N/Av, Newport
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Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 999-99-05-401.00 | Improvements Assessment | $361,100 |
| Land Assessment | $25,000 | Total Assessment | $386,100 |
Property Taxes
Parcel Number
999-99-05-401.00
Land Assessment
$25,000
Improvements Assessment
$361,100
Total Assessment
$386,100
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916 Monmouth St