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200 1st Ave E 12,946 SF Office Building Newton, IA 50208 $344,375 CAD ($26.60 CAD/SF)
Investment Highlights
- large office and warehouse space, including freigth elevator.
Executive Summary
Constructed in 1920, this historic building served as the former headquarters of the Newton Daily News and remains a key part of the Newton Downtown Historic District. The 12,000-square-foot, two-story brick & concrete structure includes office space, a warehouse, and a 7,280-square-foot basement in a prime downtown location. Designed in the Classical Revival style, the building features a rectangular form, flat concrete roof, raised main level (main floor is also concrete), and decorative poured concrete accents on the entry surround, windowsills, and roofline coping. Windows along the south and west facades provide abundant natural light to both levels. The building has been modified over time to support Newton’s evolving communications industry, including interior alterations in 1962, a concrete block addition in 1969, and an annex added in 1984. The building stands as a lasting symbol of Newton’s architectural and media history.
Taxes & Operating Expenses (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$8,917
|
$0.69
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,917
|
$0.69
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | $8,917 |
| Annual Per SF | $0.69 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $8,917 |
| Annual Per SF | $0.69 |
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Building Size
12,946 SF
Building Class
C
Year Built/Renovated
1920/1980
Price
$344,375 CAD
Price Per SF
$26.60 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,946 SF
Building FAR
0.89
Lot Size
0.33 AC
Zoning
commercial - Central Business District (CBD) zoning designates the commercial, downtown heart of a city, intended for high-density, mixed-use development.
1 1
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 08-34-139-004 | Total Assessment | $353,673 CAD (2025) |
| Land Assessment | $80,005 CAD (2025) | Annual Taxes | $8,917 CAD ($0.69 CAD/SF) |
| Improvements Assessment | $273,668 CAD (2025) | Tax Year | 2026 Payable 2027 |
Property Taxes
Parcel Number
08-34-139-004
Land Assessment
$80,005 CAD (2025)
Improvements Assessment
$273,668 CAD (2025)
Total Assessment
$353,673 CAD (2025)
Annual Taxes
$8,917 CAD ($0.69 CAD/SF)
Tax Year
2026 Payable 2027
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200 1st Ave E
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