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Assisted Living Facility with Apartment
For Sale
$2,000,000

1805 S 8th Ave E, Newton, IA 50208

Flexible care-oriented property with private staff quarters, accessible features, landscaped grounds, and substantial common areas.

Property Size3,702 SF
Price / SF$540.25
Days on Market36

Property Features for 1805 S 8th Ave E

General Information

Standard status Active
Size 3,702 SF
Total Parking Spaces 2
Property subtype Commercial

Additional Details

Utilities to Site Yes

Amenities

ADA
walk-in showers
extensive storage
dedicated laundry area
covered patio
immaculate landscaping
whole-house generator
220 amp service
security system
storm shelter
fireplace
built-in shelving
high-end appliances
quartz countertops
custom cabinetry
separate apartment above garage

Building Details

Year Built 1999
Construction Hardie Plank siding
Listing Agency: RE/MAX Concepts
Listed By: Wendy Wagner (641) 521-6839 · License #S69895000
Source: Centraliowahomesearch
Added: Jul 26 Changed: Aug 28 Last Checked: Aug 29 at 10:32AM

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 RE/MAX Concepts

Investment Insights

Based on property information with market context.

Located at 1805 S 8th Ave E in Newton, Iowa, this 3,702-square-foot property was built in 1999 and sits on 5+ landscaped acres. The main building includes four bedrooms, four bathrooms, shared living areas, a gathering room with fireplace and built-in shelving, and a kitchen equipped with high-end appliances, quartz countertops, and custom cabinetry. ADA features, walk-in showers, storage, and a dedicated laundry area support practical daily operations.

An oversized attached two-car garage includes heat from a Reznor heater, a utility sink, and a mud area. Above the garage, a separate apartment with a private rear deck offers additional enclosed space. Other improvements include a covered patio, Hardie Plank siding, 50-year shingles, a whole-house generator, 220 amp service, a security system, and a storm shelter. Potential uses include assisted living, group home, residential care, medical office, counseling, wellness, or professional office applications, subject to zoning, licensing, and required approvals.

Key Highlights

  • 5+ landscaped acres at 1805 S 8th Ave E, Newton, IA 50208
  • 3,702 property size; built in 1999
  • Main building includes 4 bedrooms, 4 bathrooms, common living areas, and a large gathering room

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Real Estate Agency Hair Salon Parking Lot & Garage Spa & Massage Center Kitchen & Bath Showroom Skin Care Clinic

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Assisted living facility - Flexible care-oriented property with private staff quarters, accessible features, landscaped grounds, and substantial common areas.
Where is this assisted living facility located?
The property is located at 1805 S 8th Ave E Newton, IA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 5+ landscaped acres at 1805 S 8th Ave E, Newton, IA 50208; 3,702 property size; built in 1999; Main building includes 4 bedrooms, 4 bathrooms, common living areas, and a large gathering room
More about this property
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