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1127 12Th St Newton, IA 50208

Sponsored
For Sale
$225,000

Multi-building complex, high rental potential.

Property size:
3,001 SF

Description

Added:
Feb 3, 2025
Days on Market:
339
This exceptional Newton, IA commercial property presents a unique investment opportunity. The offering encompasses two parcels totaling 0.53 acres, featuring four buildings with a combined 5,329 square feet of versatile space. Parcel 1 (0827279012) includes three buildings, offering a total of 3,001 square feet. Parcel 2 (0827279011) comprises a single building spanning 2,328 square feet. The property boasts eight existing rental units, with significant potential for expansion and additional units on the main building. The existing structures offer a diverse range of spaces, including water access, two furnaces, overhead doors, ample storage, dedicated workspace, and office areas suitable for retail or other commercial uses. The flexible layout and multiple buildings provide exceptional adaptability for a variety of business ventures or rental income streams. This property's location in Newton, IA, offers excellent access to local amenities and transportation networks. The combination of existing income potential and expansion possibilities makes this a compelling investment opportunity for discerning buyers seeking a high-return property. The asking price is $225,000.

Property Features for 1127 12Th St

General Information

Property type
Other commercial real estate
Square Feet
3,001 SF
Lot Size
23,087 SF

Building Details

Year Built
1976

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Newton
County
Jasper
State
Iowa
Longitude
-93.0392
Latitude
41.7109

FAQs

What type of property is this?
Commercial real estate - Multi-building complex, high rental potential.
Where is this commercial real estate located?
The property is located at 1127 12Th St Newton, IA.
What is the asking price?
The asking price for this property is $225,000.
More about this property
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