Multi-Tenant Office
For Sale
Contact for pricing
120 W 6th St, Newton, KS 67114
Well-maintained multi-tenant office building with wet sprinkler system in downtown Newton, Kansas.
Property Size21,780 SF
Price / SF$22.96
Days on Market159
Property Features for 120 W 6th St
General Information
Standard status
Active
Size
21,780 SF
Class
B
Property subtype
Office
Zoning
C-3
Occupancy
85%
Lease Type
Gross
Investment Type
Sale/Leaseback
Additional Details
Sprinkler System
Yes
Building Details
Year Built
1928
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Red Bridge Commercial Real Estate, LLC
Listed By:
Ben Reed · License #248243
Source:
Crexi
Added: Apr 4
Changed: Aug 26
Last Checked: Sep 8 at 5:15AM
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 Red Bridge Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
120 W 6th St in Newton, Kansas is a well-maintained, multi-tenant office building offering immediate income with an additional leaseback option, as the current owners are willing to lease back their suite. The building is equipped with a wet sprinkler system designed to support safety and insurability.
A standout feature is the entire second floor, which the current ownership describes as being primed for redevelopment. The space could support additional office suite creation or a conversion into residential apartments. The property may also be eligible for historic tax credits or redevelopment incentives, per the information provided in the remarks.
This is positioned for buyers evaluating either a steady income approach or a redevelopment/mixed-use direction, with the opportunity centered on the building’s second-floor redevelopment potential.
A standout feature is the entire second floor, which the current ownership describes as being primed for redevelopment. The space could support additional office suite creation or a conversion into residential apartments. The property may also be eligible for historic tax credits or redevelopment incentives, per the information provided in the remarks.
This is positioned for buyers evaluating either a steady income approach or a redevelopment/mixed-use direction, with the opportunity centered on the building’s second-floor redevelopment potential.
Key Highlights
- Multi‑tenant office building at 120 W. 6th St. in downtown Newton, KS
- Built in 1928 and described as well‑maintained
- Wet sprinkler system installed in the building
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Explore this area
Business Placement
Demographics for 67114, KS
21,375
Population
9,382
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
91%
High-School Grad
236.9 sq mi
ZIP Area
90
Density / Sq Mi
$68,393
Median Household Income
$39,617
Median Earnings
$909
Median Rent
$164,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained multi-tenant office building with wet sprinkler system in downtown Newton, Kansas.
Where is this office building located?
The property is located at 120 W 6th St Newton, KS.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Multi‑tenant office building at 120 W. 6th St. in downtown Newton, KS; Built in 1928 and described as well‑maintained; Wet sprinkler system installed in the building
