302 N Main St - Office/Residential FOR SALE


Newton, KS 67114
$325,000 USD
316-295-0681
302 N Main St, Newton, KS for Sale
$325,000 USD
Office/Residential - FOR SALE
1/40
null | Request Cap Rate

NEW


302 N Main St
Newton, KS 67114


HIGHLIGHTS

  • Dual Income Opportunity – Renovated upper-level loft previously rented for $1,400/month with potential for higher rents.
  • Renovated Commercial Space – Updated main floor with estimated market rents of $2,500–$3,000/month.
  • Live • Work • Invest – Operate your business downstairs while living upstairs, or lease both for income.
  • Prime Downtown Newton Location – High-visibility corner location with excellent signage and Main Street exposure.
  • Ideal Owner-User Opportunity – Perfect for professional offices, retail, contractors, creative businesses, or investors.
  • Located in Newton's proposed Depot District

OVERVIEW

Live upstairs. Work downstairs. Invest in both. Rare opportunity to own a fully renovated mixed-use property in the heart of Downtown Newton. Offering approximately 5,250 square feet, this unique property combines beautifully updated commercial space with a stunning upper-level residence, creating endless possibilities for business owners, entrepreneurs, investors, and owner-occupants alike. The main level has been extensively renovated and features versatile showroom space, private offices, conference and training areas, storage rooms, and workshop space suitable for a wide variety of business operations. Positioned on a highly visible corner with Main Street frontage, the property offers exceptional exposure in one of Newton's most recognizable downtown locations. Upstairs, you'll find a fully renovated loft-style residence featuring an expansive open-concept living area, modern kitchen with stainless steel appliances, oversized eating bar, abundant cabinetry, dedicated laundry area, two spacious bedrooms, two updated bathrooms, and contemporary finishes throughout. A rooftop access door provides additional flexibility and a unique feature rarely found in downtown properties. Adding to the property's appeal, it is strategically located within the proposed Depot District redevelopment area, a transformative project currently gaining momentum in Newton. The City has secured an option to purchase the historic Newton Depot and is actively seeking development proposals that would combine the Depot with the former Dillons site to create a revitalized mixed-use district. As redevelopment plans continue to take shape, this property stands to benefit from increased investment, visibility, and activity in the surrounding area. Whether you're looking to operate your business downstairs while living upstairs, generate income from one or both spaces, expand your investment portfolio, or establish a flagship location for your business, this property offers flexibility that is difficult to find. Properties offering this combination of residential living, commercial functionality, income-producing potential, and proximity to a potentially transformative redevelopment district rarely become available in Downtown Newton. Don't miss your opportunity to position yourself in the center of Newton's next chapter. Schedule your private tour today and discover the possibilities at 302 N Main Street!

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C3

APN/PARCEL ID

094-17-0-40-17-005.00-0

ASK ABOUT THIS PROPERTY

Asa PechinHeritage 1st RealtyMore Info
316-295-0681

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

Asa PechinHeritage 1st RealtyMore Info
316-295-0681

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