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Mixed-Use Live-Work Building
For Sale
Contact for pricing

1422 1st Ave E, Newton, IA 50208

Live-work building with apartment and one commercial tenant, plus one additional space available for lease.

Property SizeContact for details
Days on Market122

Property Features for 1422 1st Ave E

General Information

Standard status Active
Property subtype Office

Additional Details

Business Included Yes
Multifamily Units 1

Building Details

Tenancy Multi
Listing Agency: Birkenholz Real Estate
Listed By: Dick Boggess · License #IA 832110000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 6:36AM

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 Birkenholz Real Estate

Investment Insights

Based on property information with market context.

This mixed-use live-work building includes an apartment and one commercial tenant already in place, with one additional space available for lease. The property is marketed for sale or lease, offering a straightforward option for an owner-occupant or investor seeking existing tenancy.

The asset is located at 1422 1st Ave E in Newton, Iowa. The property’s income potential is supported by the current on-site apartment and commercial tenant, alongside the availability of another leased space.

Key Highlights

  • Live‑work building with an apartment unit and one commercial tenant currently in place
  • For sale or lease
  • One additional space available for lease

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon HVAC Service Spa & Massage Center Parking Lot & Garage

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

1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

301
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 - Live-work building with apartment and one commercial tenant, plus one additional space available for lease.
Where is this live-work space located?
The property is located at 1422 1st Ave E Newton, IA.
What are key features of this property?
This property features: Live‑work building with an apartment unit and one commercial tenant currently in place; For sale or lease; One additional space available for lease
(641) 521-3378 Call to check price and availability
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