200 N 8th Ave E - Warehouse FOR SALE


Newton, IA 50208
$3,995,000 USD
515-681-2704
200 N 8th Ave E, Newton, IA for Sale
$3,995,000 USD
Warehouse - FOR SALE
1/24
null | Request Cap Rate

200 N 8th Ave E
Newton, IA 50208


OVERVIEW

Prime Heavy Industrial and commercial opportunity. 135,864-square-foot multi-use commercial facility situated on 22 acres has been a cornerstone of Newton since 1905. Perfectly positioned for growth and versatility, the property offers an exceptional combination of size, infrastructure, and accessibility, including expansion opportunities and green space. Multiple variable lease options are available, with direct access to I-80 making it ideal for local and regional trucking routes. The site is adjacent to a railway with potential for a rail spur, and the upcoming rail hub in Jasper County further enhances its desirability. The facility features six loading docks for efficient logistics and distribution, heavy equipment capacity with two five-ton bridge cranes, two three-ton bridge cranes, and several JIB cranes, as well as a full fire protection system that is monitored and tested at proper intervals for compliance and safety. Over 100 parking spaces accommodate staff, visitors, and fleet vehicles, while two income-producing cell tower and fiber facility leases are already in place. The property also includes office space and multi-use areas adaptable for administrative, R&D, or tenant needs and is located just minutes from the full-service FBO at Newton Municipal Airport, which features a long runway established by the Maytag Corporation. With rail potential, heavy lift capabilities, and large-scale capacity, this property provides the infrastructure needed for manufacturing, warehousing, distribution, or a combination of uses, making it well-suited for industries requiring flexibility and efficiency.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$29 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Meisner Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

19 Ft

DOCKS

7

DRIVE INS

6

PARKING SPACES

100

LAND DETAILS

LAND ACRES

21

LAND SF

914,760

ZONING

Industrial

APN/PARCEL ID

08-27-326-050,08-27-326-902

ASK ABOUT THIS PROPERTY

Alida AndersonRemax ConceptsMore Info
515-681-2704

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Alida AndersonRemax ConceptsMore Info
515-681-2704

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