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    722 Main St Newton, KS 67114

    For Sale
    $750,000

    Versatile Main Street Property - For Sale/Lease

    Property size:
    15,125 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 722 & 724 N Main St in Newton, Kansas, presents a unique investment opportunity. Spanning 15,125 square feet on a 0.17-acre lot, this multi-functional space offers unparalleled versatility. The property comprises two buildings, each contributing to its impressive capacity. A welcoming foyer leads into a large, open area ideal for a variety of uses, including event venues, meeting spaces, or performance areas. The buildings boast four sizable meeting rooms, providing ample space for conferences, workshops, or collaborative work. Eight bathrooms ensure convenient access for occupants and guests. Numerous smaller office spaces offer flexibility for individual work or smaller teams. The property's prime Main Street location in Newton offers excellent visibility and accessibility, making it an attractive proposition for a wide range of businesses. This is a truly unique opportunity to acquire a substantial and adaptable commercial space in a thriving Kansas community. The asking price is $750,000, and lease options are available. Don't miss this chance to secure a property unlike any other in Newton.

    Property Features for 722 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    15,125 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Something Borrowed Event Planner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Harvey
    State
    Kansas
    Longitude
    -97.34467
    Latitude
    38.05091

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Main Street Property - For Sale/Lease
    Where is this commercial real estate located?
    The property is located at 722 Main St Newton, KS.
    What is the asking price?
    The asking price for this property is $750,000.
    (316) 283-1000
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    722 Main St Newton, KS 67114
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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
    722 Main St Newton, KS 67114
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