35
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$795,000
Est. payment /mo
4,356 Sqft Lot
Active
112 N 2nd Avenue W Newton, IA 50208
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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
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Listed by Keller Williams Realty GDM
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