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

1805 S 8th Avenue E, Newton, IA 50208

CommercialSale, Office, Newton, IA

Property SizeContact for details
Lot Size4.63 Acres
Days on Market92

Property Features for 1805 S 8th Avenue E

General Information

Property type Commercial Sale
Property subtype Office
Zoning Comm
Security features Security
Appliances Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
Lot features Rectangular Lot
Elementary school district Newton
Middle school district Newton
High school district Newton
Subdivision Newton
Standard status Active
APN 0835329003
Lot size 4.63 Acres

Additional Details

Property Use Office
Condition Turnkey

Taxes and HOA fees

Tax Description QUAIL RIDGE PLAT III, LOT 18
Tax Annual Amount 3524
Legal Description QUAIL RIDGE PLAT III, LOT 18

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Amenities

ADA accessibility
walk-in showers
fireplace
covered patio
impeccable landscaping
whole-house generator
220 amp service
security system
storm shelter

Building Details

Year built 1999
Building materials Block
Roof type Asphalt, Shingle
Architectural style Other
Buildings 1
Listing Agency: RE/MAX Concepts · RE/MAX International
Listed By: Wendy Wagner · License #S69895000
Added: Aug 4 Changed: Oct 27 Last Checked: Nov 3 at 1:06PM
MLS# 746641

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1999, the property sits on 4.63 acres and includes a four-bedroom, four-bathroom main building with shared living areas, a kitchen, and a gathering room with a fireplace. A separate apartment above the attached garage has its own rear deck. The garage is heated and includes a utility sink and mud area. Other features include walk-in showers, a dedicated laundry area, extensive storage, a covered patio, a whole-house generator, a security system, and a storm shelter.

The property is zoned Comm. Potential uses identified for the site include assisted living, residential care, group housing, medical or counseling services, wellness, and professional offices, subject to zoning and required approvals.

Key Highlights

  • 4.63‑acre property with a 4‑bedroom, 4‑bathroom main building
  • Separate apartment above the garage with a private rear deck
  • Heated attached 2‑car garage with Reznor heater, utility sink, and mud area

Property Analytics

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Current Use

Assisted living facilities

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Parking Lot & Garage Gym & Fitness Center Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

284
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Assisted living facility - Care-oriented living space is paired with a separate apartment above the attached garage.
Where is this assisted living facility located?
The property is located at 1805 S 8th Avenue 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: 4.63‑acre property with a 4‑bedroom, 4‑bathroom main building; Separate apartment above the garage with a private rear deck; Heated attached 2‑car garage with Reznor heater, utility sink, and mud area
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