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Office Building with Corner Lot
For Sale
$205,000

303 S 2nd Avenue W, Newton, IA 50208

An existing office layout is paired with a vacant corner parcel.

Property Size1,564 SF
Price / SF$131.07
Days on Market90

Property Features for 303 S 2nd Avenue W

General Information

Standard status Active
Size 1,564 SF
Property subtype Office

Additional Details

Property Use Office

Building Details

Year Built 1944
Listing Agency: Birkenholz Real Estate
Listed By: Troy Knight
Source: Prometrorealty
Added: Aug 5 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

Rey
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Investment Insights

Based on property information with market context.

Built in 1944, this 1,564-square-foot building is currently configured for office use and has a metal exterior. Interior remodeling could adapt the space for a medical or chiropractic office. The property also includes a vacant corner lot, providing additional land as part of the offering.

Located at 303 S 2nd Avenue W in Newton, Iowa, the property combines an established office building with a vacant parcel.

Key Highlights

  • 1,564‑square‑foot office building
  • Vacant corner lot included
  • Currently configured for office use

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom Plumbing Service Garden Center

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

824
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office building - An existing office layout is paired with a vacant corner parcel.
Where is this office building located?
The property is located at 303 S 2nd Avenue W Newton, IA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 1,564‑square‑foot office building; Vacant corner lot included; Currently configured for office use
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