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Newton Retail Space for Lease
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308 1st. Ave. E, Newton, IA 50208

Retail space in Newton, close to downtown and local attractions.

Space Size2,692 SF
Property Size7,045 SF
Days on Market202

Property Features for 308 1st. Ave. E

General Information

Standard status Active
Size 2,692 SF
Property subtype Retail - Strip

Building Details

Building Size 7,045 SF
Units 2

Spaces For Lease

at 308 1st. Ave. E
C Immediate
Size 2,692 SF
Type Retail
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
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Listing Agency: Legacy Commercial Property
Listed By: Mike Kohne
Source: Commercialcafe
Added: Mar 26 Changed: Oct 8 Last Checked: Oct 12 at 5:10PM

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 Legacy Commercial Property

Investment Insights

Based on property information with market context.

Located in Newton, the area surrounding 308 1st Ave E offers a mix of local attractions and amenities. The property benefits from its proximity to the downtown area, known for its historic architecture and a variety of local shops, restaurants, and cultural venues. Nearby landmarks such as Maytag Dairy Farms and the Iowa Speedway provide additional draw for residents and visitors. Notable landmarks such as the Jasper County Historical Museum and local boutiques are nearby. The location offers an opportunity for retail businesses to establish a presence and engage with the diverse consumer base of Newton.

Key Highlights

  • Close proximity to downtown Newton, attracting consistent foot traffic.
  • Ideal location for retail or strip center tenant.
  • Welcoming community atmosphere.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Big Box & Wholesale Store HVAC Service Gym & Fitness Center Building Supply

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

859
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in Newton, close to downtown and local attractions.
Where is this retail space located?
The property is located at 308 1st. Ave. E Newton, IA.
What are key features of this property?
This property features: Close proximity to downtown Newton, attracting consistent foot traffic.; Ideal location for retail or strip center tenant.; Welcoming community atmosphere.
More about this property
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