Historic Three-Level Office
For Sale
$129,900
115 N 2nd Ave E, Newton, IA 50208
Updated HVAC serves a three-level commercial layout with a non-functioning elevator.
Property Size7,500 SF
Price / SF$8.92
Days on Market48
Property Features for 115 N 2nd Ave E
General Information
Standard status
Active
Size
7,500 SF
Elevators
Yes
Building Details
Year Built
1939
Stories
3
Building Size
7,500 SF
Listing Agency:
Iowa Realty Newton
Listed By:
Megan Thompson
(641) 417-1040
Source:
Kwlegacyrealty
Added: Aug 30
Changed: Oct 13
Last Checked: Oct 7 at 1:54PM
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 Iowa Realty Newton
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Investment Insights
Based on property information with market context.
Built in 1939, this three-level office building offers a historic commercial setting for a future redevelopment or repositioning plan. The property was previously configured for mixed office use and includes updated HVAC equipment. An existing elevator is present but does not currently function.
Located at 115 N 2nd Ave E in Newton, Iowa, the building provides a substantial existing framework for office-related occupancy or a new interior configuration, subject to applicable approvals and improvements. Its three-story design and established office layout provide a clear starting point for further planning.
Located at 115 N 2nd Ave E in Newton, Iowa, the building provides a substantial existing framework for office-related occupancy or a new interior configuration, subject to applicable approvals and improvements. Its three-story design and established office layout provide a clear starting point for further planning.
Key Highlights
- Three‑level office building constructed in 1939
- Previously configured for mixed office use
- Updated HVAC system
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Updated HVAC serves a three-level commercial layout with a non-functioning elevator.
Where is this office building located?
The property is located at 115 N 2nd Ave E Newton, IA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Three‑level office building constructed in 1939; Previously configured for mixed office use; Updated HVAC system
