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Aleya Salon Suites & Day Spa 112 N 2nd Ave W 4,488 SF Retail Building Newton, IA 50208 $1,102,220 CAD ($245.59 CAD/SF)

Retail Spaces Iowa Newton 112 N 2nd Ave W, Newton, IA 50208

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,488 SF
Building Class
C
Year Built
1875
Price
$1,102,220 CAD
Price Per SF
$245.59 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.09 AC
Zoning
C & R
Frontage
64’ on North 2nd Avenue West
1 1
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

NEARBY MAJOR RETAILERS

Fareway Meat & Grocery
U.S. Bank
Scooter's Coffee

PROPERTY TAXES

Parcel Number 08-34-110-012 Improvements Assessment $361,735 CAD
Land Assessment $31,097 CAD Total Assessment $392,833 CAD

PROPERTY TAXES

Parcel Number
08-34-110-012
Land Assessment
$31,097 CAD
Improvements Assessment
$361,735 CAD
Total Assessment
$392,833 CAD
(515) 707-3636

Still interested?

Contact the broker for more information about this property

CONTACT

  • Matt Fischer
    Matt Fischer

  • Listing ID: 38794822

  • Date on Market: 2025-12-16

  • Last Updated:

  • Address: 112 N 2nd Ave W, Newton, IA 50208

The Retail Property at 112 N 2nd Ave W, Newton, IA 50208 is currently available for Sale. Contact Junior Ibarra for more information.

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Aleya Salon Suites & Day Spa | 112 N 2nd Ave W
(515) 707-3636 x

Aleya Salon Suites & Day Spa | 112 N 2nd Ave W

Matt Fischer
(515) 707-3636

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