708-714 N Main st - Storefront Retail/Office FOR SALE


Newton, KS 67114
$395,000 USD
316-288-0002
708-714 N Main st, Newton, KS for Sale
$395,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | Request Cap Rate

708-714 N Main st
Newton, KS 67114


HIGHLIGHTS

  • Downtown Newton shops
  • Downtown Newton apartments
  • Parking available

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

708-714 N Main St DownTown Newton

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1888

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,647 SF

ZONING

Commercial

APN/PARCEL ID

094-17-0-10-22-008.00-0

ASK ABOUT THIS PROPERTY

Murray AndersonMurray AndersonMore Info
316-288-0002

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Murray AndersonMurray AndersonMore Info
316-288-0002

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