Building Details

Year Built 1979

Listing Agency: Birkenholz Real Estate

Listed By: Dick Boggess (641) 792-4764 · License #832110000 Show Phone

Source: Desmoineshomesforsale

Added: Jun 25, 2025 Changed: Oct 1 Last Checked: Oct 5 at 7:03PM

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Investment Insights

Based on property information with market context.

Suites I and II comprise 2,940 square feet within Newton Plaza, a strip mall property constructed in 1979. The space is offered in AS IS condition.

The center includes US Cellular, TT Nails, La Cabina Mexican Restaurant, and Ace Hardware. The property is located at 2617 1st Ave E in Newton, Iowa 50208.

Key Highlights

• Suites I and II total 2,940 square feet
• Located within Newton Plaza, a multi‑tenant strip mall
• Center includes US Cellular, TT Nails, La Cabina Mexican Restaurant, and Ace Hardware

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Building Supply Parking Lot & Garage Nail Salon

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

244

Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this strip malls located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Two suites provide retail space within a multi-tenant center.

Where is this strip mall located?

The property is located at 2617 1st Ave E Newton, IA.

What are key features of this property?

This property features: Suites I and II total 2,940 square feet; Located within Newton Plaza, a multi‑tenant strip mall; Center includes US Cellular, TT Nails, La Cabina Mexican Restaurant, and Ace Hardware