Hotel and Conference
For Sale
Contact for pricing
1301 E 1st St, Newton, KS 67114
81-room hotel with an attached full-service restaurant, conference and banquet facilities, and an indoor pool.
Property SizeContact for details
Days on Market122
Property Features for 1301 E 1st St
General Information
Standard status
Active
Property subtype
Hospitality
Amenities
full service restaurant
conference and banquet facilities
indoor pool
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty Wichita
Listed By:
Dave Brown · License #SP 00054967
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 8:52PM
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 Berkshire Hathaway HomeServices PenFed Realty Wichita
Investment Insights
Based on property information with market context.
This 81-room hotel and conference center includes large guest rooms, an attached full-service restaurant, and on-site conference and banquet facilities. The property also features an indoor pool.
The asset is located at 1301 E 1st St in Newton, KS. The property is described as qualifying for a City issued IRB, with the acquisition and the cost of rehabbing and improving the hotel potentially included. The remarks indicate IRB benefits include a sales tax exemption on materials purchased for rehabilitation and potential eligibility for up to 10 years property tax exemption on the entire value of the hotel. In addition to the IRB, the new owner could create a CID, and proceeds may reimburse improvements.
For parties evaluating a hospitality acquisition with event-capable facilities and dining on-site, this combination of room inventory, restaurant, and conference/banquet space is central to the property’s existing configuration.
The asset is located at 1301 E 1st St in Newton, KS. The property is described as qualifying for a City issued IRB, with the acquisition and the cost of rehabbing and improving the hotel potentially included. The remarks indicate IRB benefits include a sales tax exemption on materials purchased for rehabilitation and potential eligibility for up to 10 years property tax exemption on the entire value of the hotel. In addition to the IRB, the new owner could create a CID, and proceeds may reimburse improvements.
For parties evaluating a hospitality acquisition with event-capable facilities and dining on-site, this combination of room inventory, restaurant, and conference/banquet space is central to the property’s existing configuration.
Key Highlights
- 81‑room hotel with attached full‑service restaurant, conference and banquet facilities, and an indoor pool
- On‑site conference and banquet facilities suitable for group events
- City‑issued IRB eligibility: materials purchased for rehabilitation may qualify for sales tax exemption
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Shops & Services 8%
Hotels & Casinos 4%
Braum's Ice Cream & Dairy Stores
Dining
25,182 visits/mo
0.2 miles
Applebee's
Dining
10,030 visits/mo
0.5 miles
KFC
Dining
4,484 visits/mo
0.1 miles
Phillips 66
Shops & Services
1,998 visits/mo
0.2 miles
Comfort Inn & Suites near Bethel College
Hotels & Casinos
1,652 visits/mo
0.3 miles
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - 81-room hotel with an attached full-service restaurant, conference and banquet facilities, and an indoor pool.
Where is this hotel located?
The property is located at 1301 E 1st St Newton, KS.
What are key features of this property?
This property features: 81‑room hotel with attached full‑service restaurant, conference and banquet facilities, and an indoor pool; On‑site conference and banquet facilities suitable for group events; City‑issued IRB eligibility: materials purchased for rehabilitation may qualify for sales tax exemption
