1127 12th N St Newton, IA 50208-1805

This exceptional Newton, IA commercial property presents a unique investment opportunity. The offering encompasses two parcels totaling 0.53 acres, featuring four buildings with a combined 5,329 square feet of versatile space. Parcel 1 (0827279012) includes three buildings, offering a total of 3,001 square feet. Parcel 2 (0827279011) comprises a single building spanning 2,328 square feet. The property boasts eight existing rental units, with significant potential for expansion and additional units on the main building. The existing structures offer a diverse range of spaces, including water access, two furnaces, overhead doors, ample storage, dedicated workspace, and office areas suitable for retail or other commercial uses. The flexible layout and multiple buildings provide exceptional adaptability for a variety of business ventures or rental income streams. This property's location in Newton, IA, offers excellent access to local amenities and transportation networks. The combination of existing income potential and expansion possibilities makes this a compelling investment opportunity for discerning buyers seeking a high-return property. The asking price is $225,000.