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1017 E 7th St N 43,360 SF Office Building Newton, IA 50208 $1,250,000 ($28.83/SF)
Executive Summary
Income-Producing Industrial Asset with Owner-User Upside
This 43,360 SF industrial facility sits on 2.14 acres and presents a compelling investment with immediate income and long-term flexibility for owner occupancy.
Functional loading: 3 dock doors accommodating semi or flat bed trucks + ramp access
Strong infrastructure: full generator, fire suppression, HVAC
Ample parking: 60 stalls with dual access points
Secure operations: fenced dock area
Tenant/employee amenities: offices, kitchen, restrooms, courtyard
Warehouse ceiling heights: 14’–20’ supporting diverse uses
Current monthly lease income: $6,795.00/mo
Ideal for investors seeking stable industrial exposure with optional occupancy.
This 43,360 SF industrial facility sits on 2.14 acres and presents a compelling investment with immediate income and long-term flexibility for owner occupancy.
Functional loading: 3 dock doors accommodating semi or flat bed trucks + ramp access
Strong infrastructure: full generator, fire suppression, HVAC
Ample parking: 60 stalls with dual access points
Secure operations: fenced dock area
Tenant/employee amenities: offices, kitchen, restrooms, courtyard
Warehouse ceiling heights: 14’–20’ supporting diverse uses
Current monthly lease income: $6,795.00/mo
Ideal for investors seeking stable industrial exposure with optional occupancy.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
43,360 SF
Building Class
B
Year Built
2001
Price
$1,250,000
Price Per SF
$28.83
Tenancy
Single
Building Height
1 Story
Typical Floor Size
43,360 SF
Building FAR
0.45
Lot Size
2.20 AC
Zoning
Commercial
Parking
60 Spaces (1.38 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Reception
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Imagine Child Care & Learning
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Imagine Child Care & Learning | Health Care and Social Assistance | - | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 08-27-402-003 | Improvements Assessment | $888,600 |
| Land Assessment | $62,100 | Total Assessment | $950,700 |
Property Taxes
Parcel Number
08-27-402-003
Land Assessment
$62,100
Improvements Assessment
$888,600
Total Assessment
$950,700
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Presented by
Coterie Real Estate
1017 E 7th St N
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