109 7Th StNewton, KS 67114

Property Details for 109 7Th St

Year built

1910

Construction

FRAME

Lot size

0.15 AC

Property size (Sq ft)

2,925 SF

Zone code

C-3

Property type

Retail space

APN

094-17-0-10-22-004.00-0

APU

941701022004000

Description

This charming 2,925 square foot office space, located at 109 E. 7th St. in Newton, Kansas, presents a unique investment opportunity. Built in 1910, this single-story, Class C building sits on a 0.15-acre lot and is zoned C-3, offering versatility for various commercial uses. The property features a creative office layout, suitable for executive offices or traditional office setups. Ample parking is conveniently located directly behind the building, providing easy access for employees and clients. Its prime location just off Newton's Main Street ensures high visibility and accessibility. The property includes one unit within a single building. The asking price is $189,500. This historic building offers a blend of character and practicality, making it an ideal space for businesses seeking a unique and well-situated office environment in the heart of Newton, Kansas. The property's address is 109 E. 7th St., Newton, KS 67114.

• CAP approach

  CAP return

  Valuation

  6%

  $743,077

  6.5%

  $685,917

  7%

  $636,923

• Comparable approach

  Method

  Valuation

  Relative Method

  $671,056

  Geo Method

  $671,056

• Alternative Use

  Use

  Valuation

  Residential

  $578,597

  Hospitality

  $529,991

  Educational

  $440,947

  Medical

  $456,111

  Retail

  $685,917

Location Insight

City

Newton

County

Harvey

State

Kansas

Latitude

38.0508

Longitude

-97.3443

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].