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Listed by Timothy Lalk • Century 21 Signature RE- Waverly
$699,900
Est. payment /mo
0.82 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20264165
Year Built 1958
Annual Tax Amount $17,370
Tax Year 2025
Lot Size 0.820 Acres
Acres 0.82
Property Sub-Type Office/Retail
Property Description
Excellent opportunity to own a well-positioned 10,200 SF office property in Newton with an established lease in place, providing an attractive investment opportunity with existing income. The property offers a functional office layout, ample on-site parking, and a convenient location along 1st Avenue East. In addition to the main office building, the property includes a three-stall detached garage located at the rear of the property, providing valuable additional storage space or flexibility for a variety of uses. The combination of a substantial office building, dedicated parking, additional garage storage, and an existing lease makes this an appealing option for investors looking for an income-producing commercial property. Whether you're expanding your commercial portfolio or looking for a property with existing tenancy and long-term potential, this property offers a strong combination of location, functionality, and investment appeal.
Location
State IA
County Jasper
Zoning Commercial
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Roof Type Membrane
Others
Acceptable Financing NBR20264165
Listing Terms NBR20264165
Special Listing Condition Normal Sale
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United Country Midwest Lifestyle Properties
. License ID: 76296
. License ID: 76296