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708-714 N Main St DownTown Newton 708-714 N Main st

12,626 SF 100% Leased Retail Building Newton, KS 67114 £312,054 (£25/SF)

Investment Highlights

  • Downtown Newton shops
  • Parking available
  • Downtown Newton apartments

Executive Summary

Prime commercial investment opportunity in Downtown Newton, Kansas. Four 25 foot front buildings. Currently leased. 4 one-bedroom apartments upstairs, fully rented, with potential for 2 more large apartments with renovation. Great income on rented properties. Parking behind buildings and Main Street parking. Very busy retail tenant occupies three of the four main floor buildings. Current retail tenant occupies 6,326 sq ft main floor. Apartments that are rented occupies 2,000 sq ft 2nd floor above 712-714. Apartments available for renovation occupies 2,650 sq ft above 708-710. 714 N. Main is a month-to-month lease with good potential to rent as an office or retail.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,626 SF
Building Class
B
Year Built/Renovated
1888/2023
Price
£312,054
Price Per SF
£25
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.65
Land Acres
0.18 AC
Zoning
Commercial - Downtown commercial on main floor, residential on 2nd floor
Frontage
46 ft on Kansas 15
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Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 094-17-0-10-22-008.00-0 Improvements Assessment £17,605
Land Assessment £2,416 Total Assessment £20,021

PROPERTY TAXES

Parcel Number
094-17-0-10-22-008.00-0
Land Assessment
£2,416
Improvements Assessment
£17,605
Total Assessment
£20,021
  • Murray Anderson
    Murray Anderson
  • Murray Anderson
(316) 288-0002

  • Listing ID: 33398864

  • Date on Market: 03/10/2024

  • Last Updated:

  • Address: 708-714 N Main st, Newton, KS 67114

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708-714 N Main st, Newton, KS for sale Primary Photo- Image 1 of 4
708-714
708-714 N Main st, Newton, KS for sale Building Photo- Image 2 of 4
708-710
708-714 N Main st, Newton, KS for sale Building Photo- Image 3 of 4
712-714

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© 2024 CoStar Group

708-714 N Main St DownTown Newton | 708-714 N Main st
(316) 288-0002 x

708-714 N Main St DownTown Newton | 708-714 N Main st

Murray Anderson

(316) 288-0002

(316) 288-0002

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