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Prime Downtown Commercial & Multifamily Opportunity - C-2 Zoning Unlock the Charm of Historic Newport! This exceptional mixed-use property, steeped in history since the 1830s, offers a unique blend of commercial and residential potential in the heart of downtown. With C-2 Downtown Commercial Zoning, this versatile estate presents an ideal investment for those looking to establish a thriving Bed & Breakfast, boutique retail space, restaurant, or short-term rental (Airbnb). The property boasts four potential residential units and two commercial spaces, allowing for endless customization. The second floor features a charming one-bedroom unit with a private kitchen and bath, while the second and third floors offer flexible layouts, ready to be built-to-suit apartments. Adding to its incredible value, a Liquor License is included in the price, making it a turnkey opportunity for a restaurant, bar, or hospitality business. The main level comes equipped with a fully furnished bar, a recently inspected grille hood, and newly purchased restaurant equipment. This distinguished property, once home to the esteemed Rippman Landis Family, offers historic charm and modern potential. The seller is open to terms, making this an attractive opportunity for visionary investors. Architectural drawings are available upon request. Buyer to assume all costs for zoning, code, and engineering permit requirements. The owner is a licensed associate broker in PA. Don't miss this rare chance to own a piece of Newport's heritage and transform this extraordinary space into a successful commercial and residential venture! Contact us today to schedule a private tour and explore the limitless possibilities of this historic gem!
| DAYS ON MARKET | 189 | LAST UPDATED | 1/31/2025 |
|---|---|---|---|
| YEAR BUILT | 1830 | COMMUNITY | Newport Boro (150190) |
| COUNTY | PERRY | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | NEWPORT |
|---|---|
| Elementary School | NEWPORT |
| Jr. High School | NEWPORT |
| High School | NEWPORT |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Newport Boro (150190) |
| CONSTRUCTION | Block, Brick, Brick Veneer |
| HEAT | Baseboard, Oil |
| LOT | 8276 sq ft |
| PARKING | On Street, Other |
| SEWER | Public Sewer |
| TAXES | 3114 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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