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Flex Space with Open Layout
For Sale
$159,900

109 E 3rd St S, Newton, IA 50208

Historic commercial building offers high ceilings and adaptable interior space for multiple business uses.

Property Size8,448 SF
Price / SF$18.93
Days on Market326

Property Features for 109 E 3rd St S

General Information

Standard status Active
Size 8,448 SF
Property subtype Commercial

Building Details

Year Built 1910
Listing Agency: Real Estate Solutions
Listed By: Colby Lawson · License #S69323000
Source: Desmoineshomesforsale
Added: Nov 24, 2025 Changed: Oct 1 Last Checked: Oct 14 at 11:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Solutions

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Investment Insights

Based on property information with market context.

Located at 109 E 3rd St S in downtown Newton, this 8,448-square-foot commercial building dates to 1910 and occupies a 0.10-acre lot. Its open interior, durable construction, high ceilings, and adaptable layout support a range of commercial configurations.

The property can accommodate retail, warehouse, storage, or light industrial operations, subject to applicable requirements. Its central downtown setting provides access to local businesses and main thoroughfares, supporting customer access, tenant operations, and flexible commercial use.

Key Highlights

  • 8,448‑square‑foot commercial building on a 0.10‑acre lot
  • Built in 1910 with durable construction
  • Open interior with high ceilings

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

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

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

819
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Historic commercial building offers high ceilings and adaptable interior space for multiple business uses.
Where is this flex space located?
The property is located at 109 E 3rd St S Newton, IA.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 8,448‑square‑foot commercial building on a 0.10‑acre lot; Built in 1910 with durable construction; Open interior with high ceilings
More about this property
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