Renovated Restaurant with
For Sale
$215,000
2331 1st Avenue E, Newton, IA 50208
A private dining area, bar, and outdoor seating support multiple dining configurations.
Property Size3,008 SF
Price / SF$71.48
Days on Market275
Property Features for 2331 1st Avenue E
General Information
Standard status
Active
Size
3,008 SF
Property subtype
Retail
Restaurant
Grease Trap
Yes
Patio
Yes
Equipment Included
No
Additional Details
Furnished
No
Tenant in Place
Yes
Building Details
Year Built
1940
Year Renovated
2022
Listing Agency:
Birkenholz Real Estate
(641) 792-4764
Listed By:
Troy Knight
(641) 891-1956
Source:
Prometrorealty
Added: Jan 30
Changed: Nov 1
Last Checked: Nov 1 at 1:43AM
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
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Investment Insights
Based on property information with market context.
This 3,008-square-foot restaurant was renovated in 2022 and includes a kitchen, dining area, private dining space, bar, and outdoor patio. Improvements also include a new roof and grease trap. The property was built in 1940.
Located at 2331 1st Avenue E in Newton, the restaurant is positioned between Hy-Vee and Walmart, with Theisen's also nearby. Off-street parking provides on-site access. The property is leased through August 2028.
Located at 2331 1st Avenue E in Newton, the restaurant is positioned between Hy-Vee and Walmart, with Theisen's also nearby. Off-street parking provides on-site access. The property is leased through August 2028.
Key Highlights
- 3,008‑square‑foot restaurant renovated in 2022
- Private dining area, bar, kitchen, and dining space
- Outdoor patio adds seating space
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A private dining area, bar, and outdoor seating support multiple dining configurations.
Where is this conventional restaurant located?
The property is located at 2331 1st Avenue E Newton, IA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 3,008‑square‑foot restaurant renovated in 2022; Private dining area, bar, kitchen, and dining space; Outdoor patio adds seating space
