112 1St AveNewton, IA 50208

  • Commercial land
  • 0.01 AC
For Lease
$10/SF/YR View listing

Property Details for 112 1St Ave

Lot size
0.01 AC
Property type
Commercial land
APN
834138008
APU
834138008

Description

This exceptional 900-square-foot office space is ideally situated in the heart of downtown Newton, Iowa. The single-tenant building, constructed in 1902 and extensively renovated in 2015, boasts a desirable traditional office layout suitable for various professional uses, including executive offices or medical practices. The property features 11-foot ceilings, creating an airy and spacious atmosphere. The building sits on a 0.06-acre lot (2,464 square feet) and includes three parking spaces – two on the street and one in the alley. Its convenient main street location offers excellent visibility and accessibility. The property is zoned C-CBD, reflecting its prime commercial location. The building's former use as a dental office suggests a readily adaptable layout. Landlord finish-out options may be available to customize the space to meet specific tenant needs. Property taxes are currently $0 per square foot. The Assessor's Parcel Number (APN) is 0834138009, located in Jasper County, Iowa, at 112 1st Ave E, Newton, IA 50208. This is a rare opportunity to acquire a well-maintained, centrally located office building in a thriving downtown area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $87,830
    Hospitality
    $80,452
    Educational
    $66,935
    Medical
    $69,237
    Retail
    $104,121

Location Insight

City
Newton
County
Jasper
State
Iowa
Latitude
41.7
Longitude
-93.0529
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16
$790
-
$790
-
$790
-
$790

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