$225,000
( $57.01Per Sq Foot )
 $1,208 est/mo Sourced by Back At You

1422 First Avenue E , Newton, IA 50208

Newton, IA 50208

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Description

Mixed-Use building in Newton with excellent visibility in a high traffic area. Zoning is classified as both Commercial and Residential. The property is located directly across the street from Hy-Vee offering a prime location for almost any type of business. Great opportunity to create strong cash flow or house your own business. Suite 1 (south unit) on the main floor has been utilized as a Dentist's and Accountant's office in the past. Suite 2 (north unit) on the main floor has most recently housed a Daycare facility. Both of these units are currently vacant. There is also 2 bedroom apartment on the second floor that is currently rented. Additionally, a majority of the basement has been finished. The main floor of the property could potentially be converted into apartments if you are looking for a multifamily building. The building has a new roof, siding, soffit, and gutters. Any change in zoning or usage is the responsibility of the buyer to obtain the necessary permissions and to adhere to all applicable zoning laws and planning guidelines. Call today for a private showing!

Details

MLS#696189
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1904
Days On Site128
Listing Provided ByRE/MAX Partners Realty | Bennett Wiltfang

Features

SQ Feet3,947
ZoningC, R
Acreage0.71

Market Activity 50208

The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Listings Checked: 57 seconds ago
StateIA
CountyJasper
CityNewton
Zip Code50208
AreaNewton
Listing VS Median (in 50208)
Price:
$225,000
low | high
Med:
$224,750
50.111111111111% of Average
SqFt:
3,947
low | high
Med:
2,784
79.465416772232% of Average
$ / SqFt:
$57
low | high
Med:
$98
21.475289601755% of Average
On Site:
128
low | high
Med:
130.000000
98.461538461538% of Average
Sourced by Back At You
Listing Updated: October 1, 2024 at 7:46:59 AM PDT