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402-416 Monmouth St - Monmouth Street Lot

0.52 Acres of Commercial Land Offered at $1,350,000 in Newport, KY 41071

Attachments

410-416 Monmouth

Property Facts

Price $1,350,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.52 AC
Cross Streets 5th

1 Lot Available

Lot

Price $1,350,000
Price Per AC $2,596,154
Lot Size 0.52 AC

Retail, Business Services, Government Offices, Medical Services, Fitness, Entertainment, Education, Banking, and more *Opportunity to build above 8 stories to capture Cincinnati city view

Description

Whether you're considering a commercial venture, residential project, or a combination of both, this property provides the space and zoning flexibility to bring your plans to life. See below for future plans of an adjacent Home2 Suites and Tru by Hilton.? Nestled alongside same land site as Newport City's new 405-space parking garage, ensuring unbeatable accessibility and convenience for future developments. Proximity to Newport on the Levee: Located just 2 blocks away from Newport on the Levee, this property enjoys immediate access to one of the region’s premier dining, entertainment, and retail destinations. Newport on the Levee features a variety of restaurants, shops, a cinema, and entertainment venues, making it a major attraction for residents and visitors alike. Central Business District Zoning: The property is situated within the central business district zoning area, which provides flexibility for a range of commercial uses. This zoning designation supports high-density development, making it an ideal site for mixed-use projects, retail establishments, medical office building, office spaces, and more. Connectivity: With convenient access to major highways and public transportation options, this property ensures easy commutes and seamless connectivity to the greater Cincinnati metropolitan area. It's just a short drive to downtown Cincinnati, providing additional amenities and opportunities for business and leisure. Community and Growth: Newport is a city on the rise, with ongoing investments in infrastructure and community development. The property’s strategic location places it at the heart of this growth, offering investors a chance to be part of a dynamic and evolving urban landscape.

Walk Score ®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code CBD (Central Business District The .52 acre site offers a blank canvas for visionary developers.)
CBD (Central Business District The .52 acre site offers a blank canvas for visionary developers.)
  • Listing ID: 32543216

  • Date on Market: 7/22/2024

  • Last Updated:

  • Address: 402-416 Monmouth St, Newport, KY 41071

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