1422 1st E Ave, Newton, IA 50208

Mixed-Use building in Newton across from HyVee

Mixed-Use building in Newton with excellent visibility in a high traffic area. Zoning is classified as both Commercial and Residential. The property is located directly across the street from Hy-Vee offering a prime location for almost any type of business. Great opportunity to create strong cash flow or house your own business. Suite 1 (south unit) on the main floor has been utilized as a Dentist's and Accountant's office in the past. Suite 2 (north unit) on the main floor has most recently housed a Daycare facility. Both of these units are currently vacant. There is also 2 bedroom apartment on the second floor that is currently rented. Additionally, a majority of the basement has been finished. The main floor of the property could potentially be converted into apartments if you are looking for a multifamily building. The building has a new roof, siding, soffit, and gutters. Any change in zoning or usage is the responsibility of the buyer to obtain the necessary permissions and to adhere to all applicable zoning laws and planning guidelines. Call today for a private showing!