Entity Owned Property summary
The property is a one-story, all-brick commercial building totaling approximately 7,500 square feet, situated on a corner lot along a city arterial in Newton, Kansas, within an established retail/business corridor. It offers street parking and includes 13 office spaces, 8 restrooms, a reception hall, break rooms, and 2 vaults. The building has undergone updates including refreshed flooring, paint, and ceiling tiles, with four of the eight bathrooms updated in 2023. A HVAC system installed in 2021 serves the building, and a fire sprinkler system is installed throughout the venue space and is maintained with annual inspections. The layout and infrastructure support a range of uses such as professional offices, financial institutions, medical-related use, retail conversion, or multi-tenant configurations.
Property profile
VerifiedCap rate & NOI
Current use
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Community Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
C-3 Central Business District I-1 Light Industrial District I-2 General Industrial District I-3 Heavy Industrial District F-P Flood Plain Overlay District H-D Historic and Cultural Overlay District AIR-1 Airport Zoning D…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Newton, KSC-3 Central Business District I-1 Light Industrial District I-2 General Industrial District I-3 Heavy Industrial District F-P Flood Plain Overlay District H-D Historic and Cultural Overlay District AIR-1 Airport Zoning D…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
C-3 Central Business District I-1 Light Industrial District I-2 General Industrial District I-3 Heavy Industrial District F-P Flood Plain Overlay District H-D Historic and Cultural Overlay District AIR-1 Airport Zoning D…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Newton, KS.
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