Newton, IA 50208,112 N 2nd Avenue W
Newton, IA 50208,112 N 2nd Avenue W
Newton, IA 50208,112 N 2nd Avenue W
Newton, IA 50208,112 N 2nd Avenue W
Newton, IA 50208,112 N 2nd Avenue W
Newton, IA 50208,112 N 2nd Avenue W
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$ 795,000
Est. payment | /mo

4,356 Sqft Lot


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$ 795,000
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 731739

HOA Y/N No

Year Built 1875

Annual Tax Amount $5,835

Lot Size 4,356 Sqft

Acres 0.1

Property Description

Located in the town square, this property features income-producing salon suites paired with a stunning second-floor penthouse. The salon component includes 20+ private suite units (with additional units located in the basement), a welcoming lobby, one main bathroom, a kitchenette/break room, abundant storage, and elevator access from the first floor to the basement for added convenience. Above, the second-floor penthouse offers 2 bedrooms, 1 bathroom, a walk-in closet, and a fireplace with built-in entertainment features, along with a walk-out rooftop patio. Penthouse is accessible via both an exterior metal staircase and an interior stairwell—ideal for owner occupancy or additional rental income. Major capital improvements are already complete with brand-new HVAC, plumbing, electrical, and roof, making this a turnkey investment with flexibility for a variety of commercial uses. Contact listing agent for financials.

Location

State IA

County Jasper

Area Newton

Zoning C & R

Interior

Cooling Central Air

Fireplace No

Exterior

Private Pool No

Others

Tax ID 083410012

Monthly Total Fees $486

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Keller Williams Realty GDM

Schools and Properties Nearby

School and business data provided by Attom Data.

Learn More About LPT Realty

Jessica Schaffer
Jessica Schaffer

Agent | License ID: S63816000

+1(515) 975-7075 | jessica@schaffer-realestate.com

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112 N 2nd Avenue W