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More details for 405 Riverboat Row, Newport, KY - Retail for Sale

Chart House - 405 Riverboat Row

Newport, KY 41071

  • Motel
  • Retail for Sale
  • $1,758,510 CAD
  • 10,513 SF

Newport Retail for Sale - Covington/Newport

Cushman & Wakefield is pleased to present the opportunity to purchase a leased fee interest in a premier waterfront property occupied by Chart House, a Landry’s, Inc. owned, fine-dining restaurant. Located on the banks of the Ohio River in Newport, Kentucky, with sweeping views of downtown Cincinnati, this trophy asset combines exceptional location with long-term stability from a nationally recognized brand. With twenty years of operating history at the location, Chart House recently renewed its lease for an additional ten years, underscoring their commitment to this irreplaceable site. The property offers investors a rare opportunity to acquire a secure income stream at a rent significantly below current market rates in an irreplaceable location. ATTRACTIVE LEASE TERMS • Recently renewed through April 2036 • Significantly below market rent at just $90,000/year • “Hands-Off” lease with landlord responsibilities limited to structural components of the building • Being on a ground lease allows for increased accelerated depreciation PREMIER LOCATION • Trophy location along the banks of the Ohio River with stunning views of Downtown Cincinnati, Mt. Adams and other Cincinnati landmarks • Adjacent to Vue 180 Apartments, SouthShore Condominiums and Fairfield Inn hotel providing a built-in customer base • Immediate Access to I-471 (104,074 VPD) • Surrounded by destination attractions - Downtown Cincinnati (23.6 MM Annual Visits) - Newport on the Levee (2.8 MM Annual Visits) - The Party Source (554 k Annual Visits) - Hofbräuhaus (243 k Annual Visits) - Megacorp Pavilion (98 k Annual Visits) STRONG NATIONAL BRAND • 22 Chart House locations Nationally • Under the Landry’s, Inc. umbrella of companies, Landry’s owns and operates over 600 restaurants, hotels, casinos and other entertainment destinations globally. • Over 46 years track record of success OUTSTANDING DEMOGRAPHICS • 3-Mile Radius - Population: 151,857 - Average HH Income: $98,632 - 2025-2030 Proj. Population Growth: 5%

Contact:

Cushman & Wakefield

Property Subtype:

Restaurant

Date on Market:

2025-12-16

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More details for 401 Riverboat Row, Newport, KY - Retail for Sale

Cancun Mexican Bar & Grill - 401 Riverboat Row

Newport, KY 41071

  • Motel
  • Retail for Sale
  • $2,189,584 CAD
  • 8,331 SF

Newport Retail for Sale - Covington/Newport

We are pleased to present the leased fee interest in a premier single-tenant property occupied by Cancun Mexican Bar & Grill, a well-established multi-unit operator with a loyal and growing customer base. Strategically positioned on the banks of the Ohio River in vibrant Newport, KY, this location offers stunning views of downtown Cincinnati and benefits from strong regional traffic and tourism. The tenant is currently paying below-market rent, creating immediate upside potential for investors while enjoying the stability of a proven operator with a track record of success. This offering represents a rare chance to acquire a high-performing asset in a dynamic waterfront setting with long-term value appreciation. ATTRACTIVE LEASE TERMS Below market rent at just $132,000/year “Hands-Off” lease with landlord responsibilities limited to Roof & Structure Being on a ground lease allows for increased accelerated depreciation PREMIER LOCATION Trophy location along the banks of the Ohio River with stunning views of Downtown Cincinnati, Mt. Adams and other Cincinnati landmarks Adjacent to Vue 180 Apartments, SouthShore Condominiums and Fairfield Inn hotel providing a built-in customer base Immediate Access to I-471 (104,074 VPD) Surrounded by destination attractions - Downtown Cincinnati (23.6 MM Annual Visits) - Newport on the Levee (2.8 MM Annual Visits) - The Party Source (554 k Annual Visits) - Hofbräuhaus (243 k Annual Visits) - Megacorp Pavilion (98 k Annual Visits) Ample Parking available along Riverboat Row STRONG OPERATOR Established operator with 8 locations under the Cancun flag with a track record of success Exercised first renewal option in 2025 OUTSTANDING 3-MILE DEMOGRAPHICS Population: 151,857 Average HH Income: $98,632 2025-2030 Proj. Population Growth: 5%

Contact:

Cushman & Wakefield

Property Subtype:

Restaurant

Date on Market:

2025-12-16

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More details for OTR Portfolio – for Sale, Cincinnati, OH

OTR Portfolio

  • Motel
  • Mixed Types for Sale
  • 4 Properties | Mixed Types
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More details for 2463 E Sharon Rd, Cincinnati, OH - Hospitality for Sale

THE "EXECUTIVE LODGE" OPPORTUNITY - 2463 E Sharon Rd

Cincinnati, OH 45241

  • Motel
  • Hospitality for Sale
  • $5,200,262 CAD
  • 34,614 SF
  • Fitness Center

Cincinnati Hospitality for Sale - Tri-County I-275

The Quality Inn Sharonville is a turnkey hospitality asset located in the heart of Cincinnati's industrial corridor. While it currently operates successfully as a transient hotel, the highest and best use lies in pivoting to Corporate Extended Stay. The Sharonville/Blue Ash submarket is home to major employers like the Ford Transmission Plant and GE Aviation suppliers. These companies rely on a constant rotation of process engineers, safety inspectors, and corporate trainers. The Opportunity: Acquire a meticulously maintained, 60-key asset at ~$63k per key. Pivot operations from nightly tourism to Monthly Corporate Leases for industrial professionals. WHY SHARONVILLE? THE INDUSTRIAL ENGINE Sharonville is the "Workshop of Cincinnati," hosting a density of advanced manufacturing and corporate HQs that drives consistent business travel. 1. The Anchor: Ford Sharonville Transmission Plant Driver: A massive employer that constantly cycles in specialized engineering and retooling teams from Detroit and global offices. The Need: These professionals typically stay for 3–9 months. They require clean, safe, and modern housing with amenities like a gym and breakfast. 2. The Tech & Aerospace Corridor Driver: The I-75 corridor north of Cincinnati is a hub for aerospace suppliers (GE Aviation ecosystem) and logistics tech. Impact: High demand for "Project-Based" housing for consultants and IT implementation teams. 3. The Convention Center Driver: The Sharonville Convention Center brings in trade show vendors and event staff who need affordable, week-long accommodations. The Units • Work-Ready: Convert standard hotel desks into proper workstations with ergonomic chairs and enhanced lighting. • Tech-Enabled: Upgrade to enterprise-grade fiber Wi-Fi (critical for engineers uploading large files). • Comfort: Keep the high-quality hotel bedding but add "extended stay" touches like larger mini-fridges and premium coffee makers. The Amenities (The "Third Place") • Co-Working Lounge: Convert the breakfast area into a 24/7 co-working space with free coffee. This allows guests to work "from home" without being stuck in their room. • Wellness Focus: The existing fitness center and indoor pool are major selling points for white-collar workers who value health. • Security: 24-hour front desk provides a level of service and safety that Airbnb or apartments cannot match. THE "GOLDILOCKS" SOLUTION Corporate apartments require 3-month minimums, credit checks, and utility setups. Hotels are too expensive ($120/night) for long-term projects. Our Competitive Moat: 1. Flexibility: We offer monthly terms with zero friction (no utility setup, no credit check). 2. All-Inclusive: Rate includes rent, utilities, Wi-Fi, gym, pool, and breakfast. 3. Price: At $2,000/month, we are significantly cheaper than a corporate apartment ($3,500+) or a standard hotel stay ($3,600+).

Contact:

Red One Realty

Property Subtype:

Hotel

Date on Market:

2025-07-12

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