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114 W 4th St S 5,500 SF 100% Leased Retail Building Newton, IA 50208 $165,000 ($30/SF)
EXECUTIVE SUMMARY
Great commercial investment property located in Downtown Newton. Convenient location across from the fire department. Over 5500 sq feet of office space, storage space, retail space, shop space. The property is equipped with 3 bathrooms and a small kitchen area. The property has a newly updated 22x50 workshop space with insulated walls and ceiling, new concrete floor with in floor drain and garage door entrance. Property could be divided into 3 spaces for income potential. Property has 2 furnaces and 2 AC units. Great curb appeal with great exposure.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
5,500 SF
Building Class
C
Year Built/Renovated
1966/2023
Price
$165,000
Price Per SF
$30
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.63
Lot Size
0.20 AC
Parking
21 Spaces (0.36 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-34-152-005 | Improvements Assessment | $172,330 |
| Land Assessment | $26,140 | Total Assessment | $198,470 |
PROPERTY TAXES
Parcel Number
08-34-152-005
Land Assessment
$26,140
Improvements Assessment
$172,330
Total Assessment
$198,470
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114 W 4th St S
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