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115 E 9th St
Newport, KY 41071
Retail Property For Sale
Executive Summary
Prime mixed-use opportunity in Newport's Central Business District. Property features a restaurant space with beer garden and on-site parking. Ideal for restaurant/bar. The apartments on 2nd floor needs renovation, offering value added potential for rental income, Airbnb or owner-occupied use. Flexible layout allows for multiple concepts in a high-visibility, walkable location. Rare opportunity to invest, operate, and create additional income streams in the heart of Newport. Contents are negotiable, Liquor license can be transitioned to new owner. Currently operated as Webb's BBQ, open Fridays for lunch and dinner. Kitchen also used for catering. The property includes the lot on Dayton St. Possible facade grant through the City of Newport.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,206 SF
Building Class
C
Year Built
1878
Price
$618,178 CAD
Price Per SF
$146.98 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.39
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
R-3
Frontage
34’ on 9th St
Property Taxes
| Parcel Number | 999-99-04-407.00 | Improvements Assessment | $314,847 CAD |
| Land Assessment | $34,402 CAD | Total Assessment | $349,249 CAD |
Property Taxes
Parcel Number
999-99-04-407.00
Land Assessment
$34,402 CAD
Improvements Assessment
$314,847 CAD
Total Assessment
$349,249 CAD
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