23 A St, Newton, NC 28658-3301
This exceptional 1,701 square foot retail space is located at 23 E St Unit #A in the heart of Downtown Newton, North Carolina, 28658. Situated in Central Square, this newly renovated ground-level suite boasts a spacious, open floor plan, ideal for a variety of retail or office uses. The property has received all necessary approvals from Catawba County. Its prime location offers unparalleled convenience, being within walking distance of numerous banks, restaurants, and other businesses. The proximity to the county courthouse, less than a mile away, further enhances its appeal. This is a truly remarkable opportunity to establish a presence in a thriving community undergoing significant revitalization. Currently, there is a favorable lease deal available, making this an even more attractive proposition for prospective tenants. This offer is particularly appealing given the ongoing Newton Streetscape Project, which is transforming the area and driving increased foot traffic and visibility. Don't miss this chance to secure your place in this vibrant and growing downtown area. The property is a single-tenant space, offering exclusivity and control.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Newton, NCNewton. Always verify with local authorities before improvements.
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.