12 1St StNewton, NC 28658

  • Other commercial real estate
  • 6,480 SF
For Sale
$249,900 View listing

Property Details for 12 1St St

Year built
1898
Construction
WOOD
Lot size
0.06 AC
Property size (Sq ft)
6,480 SF
Zone code
B-3
Property type
Other commercial real estate
APN
3740-13-03-0868
APU
374013030868

Description

This exceptional property, situated at 12 E 1st Street in the heart of Newton, NC, presents a rare opportunity to acquire a piece of local history. Located directly on the town square, this 0.06-acre lot offers unparalleled visibility and accessibility. The building itself boasts substantial square footage, ideal for a variety of commercial ventures or adaptive reuse projects. Imagine the possibilities – a thriving restaurant, a unique retail space, or perhaps a boutique hotel capitalizing on the property's prime location and historical significance. The existing structure provides a solid foundation for your vision, allowing for creative customization and the incorporation of modern amenities while preserving the building's inherent charm. The sheer size and central location within Newton's vibrant downtown area make this an investment with significant long-term potential. This is a chance to own a landmark property and shape its future, contributing to the ongoing revitalization of Newton's historic square. The asking price is $249,900. Don't miss this exceptional opportunity to own a piece of Newton's heritage and create a thriving business in a highly desirable location. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,733,055
    Hospitality
    $1,587,470
    Educational
    $1,320,756
    Medical
    $1,366,179
    Retail
    $2,054,509
12 1St St, Newton, North Carolina

Location Insight

City
Newton
County
Catawba
State
North Carolina
Latitude
35.6638
Longitude
-81.2219
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, NC 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
$2,200
$14,400
$244,900
$259,300
-
$14,400
$244,900
$259,300

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