Property summary
This exceptional commercial property in Newton, Iowa, presents a rare opportunity for investors and business owners. Spanning 0.98 acres, the site boasts two substantial buildings, ideal for a variety of retail or commercial uses. The primary building, a 2860 square foot retail space, features three distinct showroom areas, perfect for showcasing merchandise or products. A dedicated stock room, a functional workroom, and a half-bath provide ample support space. A partial basement offers additional storage or expansion potential. The second building, measuring 1600 square feet, offers versatile space, currently configured with two sections suitable for storage or workshop applications. This building includes a convenient garage door and a durable cement floor, enhancing its practicality and functionality. The property's prime location on 1st Avenue E E in Newton ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a thriving community. The combined square footage of both buildings provides significant space for a variety of business needs, offering flexibility and growth potential. This is a turn-key opportunity to acquire a well-positioned commercial property in a desirable location. The asking price is $199,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning