708 Main St Newton, KS 67114

This exceptional investment opportunity presents four connected buildings totaling 12,626 square feet situated on a 0.34-acre lot in the heart of historic downtown Newton, Kansas. Built in 1878, these structures boast a rich history and currently operate as a mixed-use property, combining retail storefront and traditional office spaces. The property includes four units, with four apartments currently leased and two larger, older apartments available for lease. The existing commercial tenants are well-established, reflecting the strong demand for commercial space in this vibrant downtown area. The property's C3 zoning allows for a variety of uses, providing flexibility for future development or continued operation as a successful mixed-use complex. The low vacancy rate in downtown Newton underscores the desirability of this location. The 2023 property taxes totaled $10,154.76 ($10,013.26 general and $141.50 special assessments). This turnkey investment offers a rare chance to acquire a substantial, income-generating property in a thriving Kansas community. The asking price for this unique opportunity is $395,000.