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Mixed-Use Commercial Building
For Sale
$150,000

114 N 2nd Ave W, Newton, IA 50208

Two floors of commercial space with basement storage, with a second-floor apartment or studio possibility.

Property Size5,808 SF
Price / SF$25.83
Days on Market63

Property Features for 114 N 2nd Ave W

General Information

Standard status Active
Size 5,808 SF

Building Details

Year Built 1875
Stories 2
Listing Agency: First Choice Realty
Listed By: Jason Morgan
Source: Kwlegacyrealty
Added: Jul 5 Changed: Aug 23 Last Checked: Sep 5 at 9:50AM

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 First Choice Realty

Investment Insights

Based on property information with market context.

This mixed-use commercial building offers two floors of flexible space for retail, restaurant, office, or service-oriented uses, with additional basement space for storage. The layout also includes the possibility of an apartment or studio on the second floor to help supplement revenue.

The property is listed for sale on the north side of Newton Square.

The building’s configuration supports multiple operational setups, while the basement provides practical storage for day-to-day needs.

Key Highlights

  • Two floors of commercial space with basement storage.
  • Second‑floor apartment or studio possibility to supplement revenue.
  • Basement includes space for additional storage.

Property Analytics

Current Use

Live-work space

Suggested Use

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

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

852
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Two floors of commercial space with basement storage, with a second-floor apartment or studio possibility.
Where is this live-work space located?
The property is located at 114 N 2nd Ave W Newton, IA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two floors of commercial space with basement storage.; Second‑floor apartment or studio possibility to supplement revenue.; Basement includes space for additional storage.
More about this property
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