308 Broadway StNewton, KS 67114

Property Details for 308 Broadway St

Year built

1966

Construction

FRAME

Lot size

0.21 AC

Property size (Sq ft)

2,420 SF

Zone code

C-2

Property type

Retail space

APN

094-17-0-20-29-014.00-0

APU

941702029014000

Description

This 2,420 square foot commercial property, located at 308 W Broadway St in Newton, Kansas (zip code 67114), presents a unique opportunity for a variety of businesses. The building, constructed in 1966, features a traditional office layout suitable for immediate occupancy, with the entire space currently vacant. The property boasts a convenient street retail subtype, offering excellent visibility and accessibility. The zoning is C2, and the lot size is 0.21 acres, providing ample space for parking both in front and in the rear of the building. The building offers a 10-foot ceiling height and is equipped with 480V/200A/3P power. A key feature is the overhead door located at the rear of the building, providing convenient alley access for loading and unloading. The interior includes a pre-installed receptionist desk at the front. The property's location is close to downtown Newton, offering easy access to local amenities and businesses. This versatile space is ideal for businesses seeking a flexible and well-equipped office or retail environment. The property is situated in Harvey County.

• CAP approach

  CAP return

  Valuation

  6%

  $614,785

  6.5%

  $567,494

  7%

  $526,958

• Comparable approach

  Method

  Valuation

  Relative Method

  $614,682

  Geo Method

  $614,682

• Alternative Use

  Use

  Valuation

  Residential

  $478,702

  Hospitality

  $438,489

  Educational

  $364,817

  Medical

  $377,364

  Retail

  $567,494

Location Insight

City

Newton

County

Harvey

State

Kansas

Latitude

38.0502

Longitude

-97.3496

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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