115 N 2nd Ave E | Newton, IA 50208
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- LoopNet Team
115 N 2nd Ave E
Newton, IA 50208
$1 Auction – Former Post Office | 14,504 SF · Office Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE $1 AUCTION | 14,504 SF Commercial Building (Des Moines MSA) | AUCTION JUNE 3-5, 2024
- Zoned C-CBD, Central Business District Commercial, Offering Favorable Zoning for a Variety of Commercial and Office Uses Including Multifamily, Medica
- Nearby Demand Drivers include Jasper County Clerk Court, Iowa State University, USPS, MercyOne Newton Medical Center, Newton Airport, and Iowa Speedwa
- ±14,504 SF Two-Story Commercial Building with Ample 15 Parking Spaces(CELL TOWER NOT INCLUDED)
- Positioned on E 2nd Street (±2K VPD) Between 1st Avenue E (±8K VPD) and N 2nd Avenue E (±2K VPD) | Ideally Situated 2-Miles from I-80
- Attractive Demographics with 5-Mile Population of ±19,759 and Annual Household Income of ±$69,213
PROPERTY FACTS
Property Type
Office
Property Subtype
Office/Residential
Building Size
14,504 SF
Building Class
C
Year Built
1939
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,252 SF
Building FAR
0.83
Lot Size
0.40 AC
Zoning
Commerical
Parking
15 Spaces (1.03 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Storage Space
- Basement
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 08-34-138-004 | Improvements Assessment | $155,360 |
| Land Assessment | $54,960 | Total Assessment | $210,320 |
PROPERTY TAXES
Parcel Number
08-34-138-004
Land Assessment
$54,960
Improvements Assessment
$155,360
Total Assessment
$210,320
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