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    308 1St Ave Newton, IA 50208

    For Lease
    Contact for pricing

    Prime Retail Space Available in Newton, IA

    Lot size:
    7,045 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7,045 square foot retail strip center in Newton, Iowa, presents a fantastic leasing opportunity. Located at 308 1st Ave E, this property boasts 2,692 square feet of immediately available space within a multi-tenant building. The property sits on a 0.67-acre lot and offers ample parking with 44 spaces, ensuring convenient access for customers. The existing building features expansive storefront windows, providing excellent visibility and attracting significant foot traffic. The interior is adaptable and customizable, allowing for efficient floor planning to suit a variety of retail or commercial uses. The strategic location in Newton, Iowa, offers high visibility and accessibility, creating an ideal environment for businesses seeking a prominent presence in a thriving community. The property's modern amenities and professional exterior create a welcoming and dynamic atmosphere. This is a rare opportunity to secure a well-located, versatile retail space in a desirable market. The available space is perfect for businesses looking to establish or expand their presence in Newton. Don't miss this chance to capitalize on this prime retail location. The zip code is 50208.

    Property Features for 308 1St Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,045 SF

    Unit(s) available at that property

    Space
    Suite C
    Size
    2,692 SF

    HighLights

    • 7,045 SF retail strip center in Newton, IA (50208), located at 308 1st Ave E.
    • 2,692 SF of immediately available space in a multi‑tenant building.
    • 0.67‑acre lot with 44 parking spaces.
    • High visibility with expansive storefront windows and adaptable interior layout.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.0503821
    Latitude
    41.6998806

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    Nearby Similar for Lease

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      Industrial Facility with Rail Access

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available in Newton, IA
    Where is this neighborhood center located?
    The property is located at 308 1St Ave Newton, IA.
    What are key features of this property?
    This property features: 7,045 SF retail strip center in Newton, IA (50208), located at 308 1st Ave E.; 2,692 SF of immediately available space in a multi-tenant building.; 0.67-acre lot with 44 parking spaces.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 1St Ave Newton, IA 50208
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