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    2617-4 1St Ave Newton, IA 50208

    Sponsored
    For Sale
    Contact for pricing

    1,400 SF Retail Space - Prime Location

    Property size:
    1,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,400 square foot commercial space is available for lease in the thriving Newton Plaza strip mall, located at 2617-4 1st Avenue E E, Newton, IA. The property sits on a generous 1.69-acre lot and offers a fantastic opportunity for a variety of businesses. Previously occupied by Edward Jones, this well-maintained suite is ready for immediate occupancy. The space benefits from high visibility and convenient access, situated alongside established and successful businesses including US Cellular, TT Nails, La Cabana Mexican Restaurant, and Ace Hardware. This ensures a steady flow of foot traffic and potential customers. The asking price is $10.00 per square foot, NNN. The property's location in Newton, IA, provides easy access to major transportation routes and a strong local customer base. The ample parking available in the Newton Plaza lot further enhances the convenience and appeal of this property. This is an ideal opportunity for a business seeking a well-located, ready-to-occupy space in a vibrant commercial center. The former Edward Jones office layout provides a functional and adaptable space, suitable for a range of commercial uses. Don't miss this chance to establish your business in a prime Newton location. Inquire today to learn more about this exceptional opportunity.

    Property Features for 2617-4 1St Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,400 SF
    Lot Size
    73,616 SF

    Building Details

    Year Built
    1979
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.02065
    Latitude
    41.69744

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    FAQs

    What type of property is this?
    Commercial real estate - 1,400 SF Retail Space - Prime Location
    Where is this commercial real estate located?
    The property is located at 2617-4 1St Ave Newton, IA.
    What is the asking price?
    The asking price for this property is $10.
    (641) 792-4764
    Request Owner's contact information
    2617-4 1St Ave Newton, IA 50208
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    Newton, IA 50208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2617-4 1St Ave Newton, IA 50208
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