308 Broadway St Newton, KS 67114-2632
- Retail space
- 2,420 SF
- 0.21 lot acres
Current Use by Public Records
- Gaynor Electric / Electrician
Property Details for 308 Broadway St
- Year built
- 1966
- Construction
- FRAME
- Lot size
- 0.21 lot acres
- Property size
- 2,420 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 094-17-0-20-29-014.00-0
- APU
- 941702029014000
Description
This 2,420 square foot commercial property, located at 308 W Broadway St in Newton, Kansas (zip code 67114), presents a unique opportunity for a variety of businesses. The building, constructed in 1966, features a traditional office layout suitable for immediate occupancy, with the entire space currently vacant. The property boasts a convenient street retail subtype, offering excellent visibility and accessibility. The zoning is C2, and the lot size is 0.21 acres, providing ample space for parking both in front and in the rear of the building. The building offers a 10-foot ceiling height and is equipped with 480V/200A/3P power. A key feature is the overhead door located at the rear of the building, providing convenient alley access for loading and unloading. The interior includes a pre-installed receptionist desk at the front. The property's location is close to downtown Newton, offering easy access to local amenities and businesses. This versatile space is ideal for businesses seeking a flexible and well-equipped office or retail environment. The property is situated in Harvey County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $470,000
- 6.5%
- $460,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $550,000
- Mixed-Use
- $555,000
- Hospitality
- $445,000
- Educational
- $450,000
- Residential Income
- $435,000
- Energy
- $465,000
- Income-Based Land
- $555,000
- Food Service
- $545,000
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Harvey
- State
- Kansas
- Longitude
- -97.3496
- Latitude
- 38.0502
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA