505 N Poplar St Newton, KS 67114
For Lease
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This exceptional 23,030 square foot retail center, located at 505 N. Poplar St. in Newton, Kansas (zip code 67114), presents a compelling investment opportunity. The property, built in 1938 and extensively renovated in 2023, is classified as Class C and features a single, one-story building situated on a generous 1.96-acre lot. Currently, 12,500 square feet of space is available, with a minimum divisible unit of 2,500 square feet, offering flexibility for various retail tenants. The center boasts ample parking, with 100+ spaces conveniently located to the west and north of the building. Its prime location in downtown Newton provides excellent walkability to the historic district, ensuring high visibility and foot traffic. The property is zoned COM/IND, allowing for a range of commercial and industrial uses. Tenant-specific build-out options are available for qualified tenants. This property offers a unique blend of historical charm and modern updates, making it an ideal investment for those seeking a strong presence in the vibrant Newton market. The Harvey County location provides easy access to major transportation routes.
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Sears Appliance Repair Home Appliance Store
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American Auto Glass of Newton Auto Repair Shop
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
C-3 · Newton, KSNewton. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.