1110 1St Ave Newton, IA 50208
This exceptional retail property, located at 1110 1st Avenue E in Newton, IA, offers 1,694 square feet of readily available space in a highly desirable location. Situated near the heart of Newton's population center, this property boasts excellent visibility and high traffic counts, ensuring maximum exposure for your business. The 2.06-acre lot provides ample space for potential expansion, with the possibility of adding approximately 5,600 square feet to the existing structure. The building is in move-in ready condition, eliminating the need for extensive renovations or repairs before occupancy. Its convenient access and prime location make it an ideal choice for a variety of retail businesses seeking a strong foothold in a thriving community. The asking price is $12 million. This is a rare opportunity to acquire a well-situated, established retail space with significant growth potential in a vibrant Iowa market. Don't miss out on this chance to secure a prime location for your business's success. Contact us today to schedule a showing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.