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Brick Flex Space
For Sale
$159,900

109 E 3rd Street S, Newton, IA 50208

CommercialSale, Warehouse, Newton, IA

Property Size8,448 SF
Lot Size0.10 Acres
Price / SF$18.93
Days on Market224

Property Features for 109 E 3rd Street S

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMM
Elementary school district Newton
Middle school district Newton
High school district Newton
Directions Head east on 1st Ave E, turn Right on E 3rd St S, Property is on the west side of the road
Subdivision Newton
Standard status Active
APN 0834177008
Lot size 0.10 Acres

Additional Details

Property Use Retail, Warehouse, Storage, Light Industrial

Taxes and HOA fees

Tax Description ORIGINAL PLAT LOT 8 BLK 22 EX PARCEL A
Tax Annual Amount 1086
Legal Description ORIGINAL PLAT LOT 8 BLK 22 EX PARCEL A

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

high ceilings

Building Details

Year built 1910
Flooring type Carpet
Building materials Brick, MetalSiding
Roof type Shingle, Asphalt
Architectural style Other
Buildings 1
Listing Agency: Real Estate Solutions
Listed By: Colby Lawson · License #S69323000
Added: Mar 23 Changed: Oct 30 Last Checked: Nov 1 at 10:06PM
MLS# 736777

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 8,448-square-foot flex property occupies a 0.10-acre lot and provides an open interior that can accommodate retail, warehouse, storage, or light industrial functions. The building dates to 1910 and features brick and metal siding construction, high ceilings, carpeted flooring, and an asphalt shingle roof. Natural gas heating supports the building, with public water and public sewer serving the property.

Located in downtown Newton, the property offers access to nearby businesses and main thoroughfares. Its adaptable layout and commercial zoning create a practical setting for businesses requiring open space and multiple potential use configurations.

Key Highlights

  • 8,448‑square‑foot commercial building on a 0.10‑acre lot
  • Flexible open interior for retail, warehouse, storage, or light industrial use
  • Built in 1910 with brick and metal siding construction

Property Analytics

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

858
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 - High-ceiling commercial building with a flexible interior and COMM zoning for retail, storage, warehouse, or light industrial use.
Where is this flex space located?
The property is located at 109 E 3rd Street 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; Flexible open interior for retail, warehouse, storage, or light industrial use; Built in 1910 with brick and metal siding construction
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