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2617 1St Ave Newton, IA 50208

Sponsored
For Lease
$6 SF/Yr

Prime Retail/Office Space, Multiple Suites

Lot size:
48,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
Ace Hardware Plaza offers a unique investment opportunity in a high-traffic location. This two-building complex, totaling 48,000 square feet, features a mix of executive, creative, and traditional office spaces, perfect for a variety of businesses. Built in 1979 and extensively renovated in 2020, the property boasts a Class B rating and offers multiple tenancy options. Individual suites range from a minimum of 1,400 square feet to a maximum contiguous space of 2,940 square feet, with a total of six suites available. Currently, 4,340 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The property sits on a substantial 95,396 square foot lot, zoned C-SC Shopping, ensuring ample parking and high visibility. Tenants currently include LaCabana restaurant, US Cellular, Tina's Nails, and True Value, all benefiting from the plaza's strategic location between Hy-Vee and Walmart. The single-story buildings feature 10-foot ceilings, providing a spacious and functional work environment. The property's prominent pylon signage ensures excellent visibility for tenants. This is an exceptional opportunity to secure office space in a thriving retail center with strong existing tenants and high foot traffic.

Property Features for 2617 1St Ave

General Information

Property type
Office space
Lease Type
Gross Lease
RSF (Rentable sq. ft)
48,000 SF
Class
B
Total Rate
24000

Building Details

Year Built/Renovated
1979/2020
Buildings
2
Stories
1

Unit(s) available at that property

Space
Suite IV
Size
1,400 SF
Rate per SF
$10
Space
West Main
Size
7,750 SF
Rate per SF
$6
Space
Suite I & II
Size
2,940 SF
Rate per SF
$7

HighLights

  • 48,000 SF multi‑tenant office building with 4,340 SF of vacant space available.
  • Minimum 1,400 SF divisible, maximum contiguous 2,940 SF.
  • Six suites total in two, one‑story buildings on a 95,396 SF lot.
  • Class B property built in 1979, renovated in 2020, featuring 10' ceilings.
  • Located in a high‑traffic area with excellent parking and pylon signage, near Hy‑Vee and Walmart.
  • C‑SC Shopping zoning; APN 0835277004 & 0835277005.
Property Profile Location Intelligence

Current Use by Public Records

Office space

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness 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
-93.020948142037
Latitude
41.698980109233

FAQs

What type of property is this?
Office space - Prime Retail/Office Space, Multiple Suites
Where is this office space located?
The property is located at 2617 1St Ave Newton, IA.
What is the lease rate?
The lease rate is $6-$10 SF/Yr.
What are key features of this property?
This property features: 48,000 SF multi-tenant office building with 4,340 SF of vacant space available.; Minimum 1,400 SF divisible, maximum contiguous 2,940 SF.; Six suites total in two, one-story buildings on a 95,396 SF lot.
More about this property
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