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Two-Building Flex Space

121 West 1st Street, Newton, NC 28658

For Lease
New
Contact for pricing

A downtown Newton property combines two buildings across a substantial commercial footprint.

Space Size13,961 SF
Lot Size0.35 Acres
Days on Market7

Property Features for 121 West 1st Street

General Information

Standard status Active
Size 13,961 SF
Net Rentable 13,961 SF
Lot size 0.35 Acres
Property subtype Industrial

Additional Details

Available Space 13,961 SF

Building Details

Buildings 2
Building Size 13,961 SF

Spaces For Lease

at 121 West 1st Street
Space 1 Active
Size 13,961 SF
Contact us
Listing Agency: WMD Asset Management
Listed By: Kyle Wade · License #Owner and Operator
Source: Crexi
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 6:27PM

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 WMD Asset Management

Rey
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Investment Insights

Based on property information with market context.

Two commercial buildings at 121 West 1st Street and 118 West A Street comprise approximately 13,961 square feet on 0.35 acre. The property is classified as flex space, with a downtown Newton setting and a two-building configuration. Warehouse, showroom, office, and business-headquarters uses are among the possibilities prospective tenants may discuss, subject to evaluating the proposed operation and space requirements.

The property sits in Newton’s downtown business district. The city completed a streetscape project in 2025, and dining and entertainment businesses are nearby.

Key Highlights

  • Two‑building commercial property at 121 West 1st Street and 118 West A Street
  • Approximately 13,961 square feet on 0.35 acre
  • Downtown Newton location near dining and entertainment businesses

Property Analytics

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

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Auto Parts Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28658, NC

26,453
Population
10,958
Households
2.4
Avg Household Size
42
Median Age
19%
College-Educated
88%
High-School Grad
71.3 sq mi
ZIP Area
371
Density / Sq Mi
$67,805
Median Household Income
$41,013
Median Earnings
$933
Median Rent
$192,500
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 South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A downtown Newton property combines two buildings across a substantial commercial footprint.
Where is this flex space located?
The property is located at 121 West 1st Street Newton, NC.
What are key features of this property?
This property features: Two‑building commercial property at 121 West 1st Street and 118 West A Street; Approximately 13,961 square feet on 0.35 acre; Downtown Newton location near dining and entertainment businesses
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