200 1st Ave E - Office FOR SALE


Newton, IA 50208
$250,000 USD
515-453-5576
200 1st Ave E, Newton, IA for Sale
$250,000 USD
Office - FOR SALE
1/50
null | Request Cap Rate

200 1st Ave E
Newton, IA 50208


HIGHLIGHTS

  • large office and warehouse space, including freigth elevator.

OVERVIEW

Constructed in 1920, this historic building served as the former headquarters of the Newton Daily News and remains a key part of the Newton Downtown Historic District. The 12,000-square-foot, two-story brick & concrete structure includes office space, a warehouse, and a 7,280-square-foot basement in a prime downtown location. Designed in the Classical Revival style, the building features a rectangular form, flat concrete roof, raised main level (main floor is also concrete), and decorative poured concrete accents on the entry surround, windowsills, and roofline coping. Windows along the south and west facades provide abundant natural light to both levels. The building has been modified over time to support Newton’s evolving communications industry, including interior alterations in 1962, a concrete block addition in 1969, and an annex added in 1984. The building stands as a lasting symbol of Newton’s architectural and media history.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$19 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,505 SF

ZONING

commercial

APN/PARCEL ID

08-34-139-004

ASK ABOUT THIS PROPERTY

Joe HenryIowa RealtyMore Info
515-453-5576

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Joe HenryIowa RealtyMore Info
515-453-5576

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.