401 Park Avenue

    Newport, KY 41071
    • $675,000
    • STATUS: Active
    • ON SITE: 595 days
    • MLS #: 501310
    UPDATED: 112 min ago
    $675,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    This 5,550 s.f. building in Mansion Hill makes an impressive statement to any client. Known as the George Wiedemann, Jr. house, certified historic by Kentucky Heritage Commission. For sale: the rights to a perpetual land lease with an annual payment of $7,850 until 2054, and then $1,200 annual thereafter. Since land is owned by a church, no property tax is paid by the owner of the land lease.

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    © 2018 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Apex Realty Group at Keller Williams Realty Services are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2018-09-21T23:50:12.333.
    www.searchnorthernkentucky.com/homes/69620802

    401 Park Avenue Newport, KY 41071

    • Price: $675,000
    • Status: Active
    • Updated: 112 min ago
    • MLS #: 501310
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    Neighborhood:
    Newport
    County:
    Campbell
    Area:
    Newport
    Property Description
    This 5,550 s.f. building in Mansion Hill makes an impressive statement to any client. Known as the George Wiedemann, Jr. house, certified historic by Kentucky Heritage Commission. For sale: the rights to a perpetual land lease with an annual payment of $7,850 until 2054, and then $1,200 annual thereafter. Since land is owned by a church, no property tax is paid by the owner of the land lease.
    Exterior Features

    Construction Brick Roof Shingle

    Interior Features

    Basement Type Full Cooling Central Air Flooring TileWood Heating Forced Air Levels 3 Story

    Property Features

    Access Roads Public Agreement Type Exclusive Right Business Only Yes Easements Of Record Foundation Poured Gas Natural Gross Building Area 5112 Lot Dimensions 1X1 Lot Square Footage 24829.2 New Construction No Occupancy At Closing Office 5550 Plans Available Yes Price Includes Rights To The Land Lease in Perpetuity. Property For Lease No Property Type Commercial Sewer Public Special Financing No Suburb Newport Tax Id Number 999-99-35-477.01 Tax Rate 16.59 Total Buildings 1 Water Source Public Zoning Residential

    Courtesy of Ken Perry Realty. © 2018 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. Information has not been verified, is not guaranteed, and subject to change.

    © 2018 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Apex Realty Group at Keller Williams Realty Services are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2018-09-21T23:50:12.333.
     
    Apex Realty Group at Keller Williams Realty Services
    2216 Dixie Hwy, Suite 100
    Fort Mitchell KY, 41017