Property summary
This exceptional 7,045 square foot retail strip center in Newton, Iowa, presents a fantastic leasing opportunity. Located at 308 1st Ave E, this property boasts 2,692 square feet of immediately available space within a multi-tenant building. The property sits on a 0.67-acre lot and offers ample parking with 44 spaces, ensuring convenient access for customers. The existing building features expansive storefront windows, providing excellent visibility and attracting significant foot traffic. The interior is adaptable and customizable, allowing for efficient floor planning to suit a variety of retail or commercial uses. The strategic location in Newton, Iowa, offers high visibility and accessibility, creating an ideal environment for businesses seeking a prominent presence in a thriving community. The property's modern amenities and professional exterior create a welcoming and dynamic atmosphere. This is a rare opportunity to secure a well-located, versatile retail space in a desirable market. The available space is perfect for businesses looking to establish or expand their presence in Newton. Don't miss this chance to capitalize on this prime retail location. The zip code is 50208.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering
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Real Estate Agency
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Mobile Phone Store Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning