Technical
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Property profile

201 1st St Newton, KS 67114

OFF-MARKET
Retail space
Property ID
US33-0114494
3,400 SF 0.12 ac lot Built 1935
Entity Owned Free & Clear
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Property summary

AI-generated overview

This 3,400-square-foot single-tenant flex space, located at 201 W 1st St in Newton, Kansas, presents a unique opportunity. Built in 1935, this historic building boasts a fresh interior and exterior paint job. The property sits on a 0.12-acre lot (5,280 sq ft) and is zoned C&I (Commercial and Industrial). The interior features a 15-foot ceiling height in the main area, newly installed concrete flooring, and two new restrooms. A convenient coffee bar area is also included. The building includes one insulated overhead door. The property's prime location at the Northwest corner of 1st and Poplar Streets places it near prominent businesses such as Security 1st Title, Community National Bank, O'Rielly Auto Parts, Evergy, BNSF Railway, Tacos Ana's, and Salem United Methodist Church. The space is currently vacant and may be subdivided to suit tenant needs. The monthly lease rate is $1600 (Industrial Gross). The APN is 040-094-20-0-20-02-001.00-0. This property offers a blend of historic charm and modern updates, making it an excellent choice for a variety of businesses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1935
Construction FRAME
Total area 3,400 SF
Lot 0.12 ac (5,227 SF)
Zoning code R-1
APN 094-20-0-20-02-001.00-0
UPID US33-0114494

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

201 1st St Newton, KS 67114-3603
Newton metro Census 30300 WICHITA, KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Zoning & alternative use

R-1 · Newton, KS
Zoning description

sed for within Newton. Zoning regulates everything from property setbacks to signs. The following is a list of zones within Newton: Previous column Next column District Classification R-S Single Family Suburban District…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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