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321 E 3rd St N 9,432 SF 100% Leased Office Building Newton, IA 50208 $165,000 ($17.49/SF)
EXECUTIVE SUMMARY
Prime opportunity to own a vacant two-story medical or dental office located right on the town square in Newton. Sitting on 0.2 acres, this property offers excellent visibility, walkability, and accessibility in a high-traffic area. Just 35 miles east of Des Moines, the location provides a convenient connection to the metro while maintaining a small-town feel. With flexible space ready for your buildout or renovation, it’s well-suited for a variety of professional uses in a central and convenient setting.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,432 SF
Building Class
C
Year Built
1958
Price
$165,000
Price Per SF
$17.49
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
4,580 SF
Building FAR
0.90
Lot Size
0.24 AC
Zoning
C-CBD - Zoned commercial with the option to convert to multifamily.
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Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 08-34-131-003 | Improvements Assessment | $144,910 |
| Land Assessment | $26,140 | Total Assessment | $171,050 |
PROPERTY TAXES
Parcel Number
08-34-131-003
Land Assessment
$26,140
Improvements Assessment
$144,910
Total Assessment
$171,050
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321 E 3rd St N
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