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Three-Story Mixed-Use Building
For Sale
$136,000

103 1st Avenue W, Newton, IA 50208

CommercialSale, Newton, IA

Property Size5,940 SF
Lot Size0.14 Acres
Price / SF$22.90
Days on Market373

Property Features for 103 1st Avenue W

General Information

Property type Commercial Sale
Property subtype Other
Zoning COM
Elementary school district Newton
Middle school district Newton
High school district Newton
Directions Head East on 1st Ave W, Property is on the south side of the road.
Subdivision Newton
Standard status Active
APN 0834154009
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description ORIGINAL PLAT W 45' LOT 1 BLK 20
Tax Annual Amount 5362
Legal Description ORIGINAL PLAT W 45' LOT 1 BLK 20

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1904
Flooring type Tile, Carpet
Building materials Brick
Roof type Rolled Hot Mop
Buildings 1
Listing Agency: Real Estate Solutions
Listed By: Colby Lawson · License #S69323000
Added: Oct 25, 2025 Changed: Oct 30 Last Checked: Nov 1 at 9:06PM
MLS# 729156

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1904, this brick commercial property provides 5,940 square feet across three floors, supplemented by a full basement. The layout includes a prominent main level with large display windows, while the upper and lower levels provide additional interior area for storage or future buildout. Tile and carpet flooring, central air, and natural-gas heating are in place, with public water and sewer service.

The property occupies a 0.1364-acre site at 103 1st Avenue W on Newton’s Downtown Square and within the city’s Historic District. Its commercial zoning designation is COM. A rolled hot-mop roof completes the existing improvements. The building’s prior retail history and multi-level configuration support continued consideration for retail, office, or mixed-use occupancy.

Key Highlights

  • 5,940 SF across three floors plus a full basement
  • 1904 brick commercial building on a 0.1364‑acre site
  • Large display windows and spacious main‑level area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Law Firm Big Box & Wholesale Store Restaurant Gym & Fitness Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

852
Businesses Nearby

Demographics for 50208, IA

20,918
Population
8,919
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
158.5 sq mi
ZIP Area
132
Density / Sq Mi
$61,064
Median Household Income
$37,490
Median Earnings
$830
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property with display windows, flexible interior levels, and a full basement in downtown Newton.
Where is this mixed-use property located?
The property is located at 103 1st Avenue W Newton, IA.
What is the asking price?
The asking price for this property is $136,000.
What are key features of this property?
This property features: 5,940 SF across three floors plus a full basement; 1904 brick commercial building on a 0.1364‑acre site; Large display windows and spacious main‑level area
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