1019 Monmouth St Newport, KY 41071

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.