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Meisner Center 200 N 8th Ave E 137,000 SF Vacant Industrial Building Newton, IA 50208 $5,485,055 CAD ($40.04 CAD/SF)
Executive Summary
Prime Heavy Industrial and commercial opportunity. 135,864-square-foot multi-use commercial facility situated on 22 acres has been a cornerstone of Newton since 1905. Perfectly positioned for growth and versatility, the property offers an exceptional combination of size, infrastructure, and accessibility, including expansion opportunities and green space. Multiple variable lease options are available, with direct access to I-80 making it ideal for local and regional trucking routes. The site is adjacent to a railway with potential for a rail spur, and the upcoming rail hub in Jasper County further enhances its desirability. The facility features six loading docks for efficient logistics and distribution, heavy equipment capacity with two five-ton bridge cranes, two three-ton bridge cranes, and several JIB cranes, as well as a full fire protection system that is monitored and tested at proper intervals for compliance and safety. Over 100 parking spaces accommodate staff, visitors, and fleet vehicles, while two income-producing cell tower and fiber facility leases are already in place. The property also includes office space and multi-use areas adaptable for administrative, R&D, or tenant needs and is located just minutes from the full-service FBO at Newton Municipal Airport, which features a long runway established by the Maytag Corporation. With rail potential, heavy lift capabilities, and large-scale capacity, this property provides the infrastructure needed for manufacturing, warehousing, distribution, or a combination of uses, making it well-suited for industries requiring flexibility and efficiency.
Property Facts
| Price | $5,485,055 CAD | Lot Size | 21.00 AC |
| Price Per SF | $40.04 CAD | Rentable Building Area | 137,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Sale Condition | Lease Option | Year Built/Renovated | 1960/2016 |
| Property Type | Industrial | Clear Ceiling Height | 19’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 7 |
| Building Class | B | No. Drive In / Grade-Level Doors | 6 |
| Zoning | Industrial - Industrial Zoning | ||
| Price | $5,485,055 CAD |
| Price Per SF | $40.04 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Lease Option |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 21.00 AC |
| Rentable Building Area | 137,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1960/2016 |
| Clear Ceiling Height | 19’ |
| No. Dock-High Doors/Loading | 7 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | Industrial - Industrial Zoning |
Amenities
- 24 Hour Access
- Conferencing Facility
- Courtyard
- Floor Drains
- Front Loading
- Mezzanine
- Property Manager on Site
- Signage
- Skylights
- USDA/FDA
- Wheelchair Accessible
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,878,448 CAD | |
| Land Assessment | $158,326 CAD | Total Assessment | $2,036,775 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$158,326 CAD
Improvements Assessment
$1,878,448 CAD
Total Assessment
$2,036,775 CAD
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Meisner Center | 200 N 8th Ave E
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