1715 1St AveNewton, IA 50208

Property Details for 1715 1St Ave

Year built

1975

Construction

FRAME

Lot size

3.99 AC

Property size (Sq ft)

6,000 SF

Property type

Warehouses

Property subtype

Self storage facilities

APN

833151002

APU

833151002

Description

This exceptional 9,216 square foot office building, situated on a 0.45-acre lot at 1715 1st Avenue E in Newton, Iowa, presents a compelling investment or lease opportunity. Currently, a portion of the building (4,000 square feet) is occupied by Kinetic Edge Physical Therapy, a tenant experiencing significant growth and planning a relocation. This presents a unique chance for a new tenant to either lease the available space directly from the landlord or potentially assume the existing lease. The building boasts a highly visible location, ensuring excellent exposure for any business. Prospective tenants should be prepared to demonstrate a strong lease and credit history. The building itself is a newer construction, offering high-quality space and easy accessibility. While the occupancy date may be subject to a slight delay to accommodate the current tenant's move, this presents a chance to secure a desirable space in a thriving location. The property offers significant potential for a business seeking a prominent presence in Newton. Serious inquiries are encouraged. The asking price for the entire property is $12 million.

• Alternative Use

  Use

  Valuation

  Residential

  $1,197,678

  Hospitality

  $1,097,067

  Educational

  $912,747

  Medical

  $944,138

  Retail

  $1,419,828

Location Insight

City

Newton

County

Jasper

State

Iowa

Latitude

41.6972

Longitude

-93.0769

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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