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708-714 N Main St DownTown Newton 708-714 N Main st 7,368 SF 100% Leased Retail Building Newton, KS 67114 $551,388 CAD ($74.84 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Downtown Newton shops
  • Parking available
  • Downtown Newton apartments

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,368 SF
Building Class
B
Year Built/Renovated
1888/2023
Price
$551,388 CAD
Price Per SF
$74.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.18 AC
Zoning
Commercial - Downtown commercial on main floor, residential on 2nd floor. Very good income property
Frontage
75’ on Kansas 15
Walk Score®
Very Walkable (82)
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.®

NEARBY MAJOR RETAILERS

CrossFit
Rent-A-Center
Dillons
Bank of Montreal
Billy Sims BBQ

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
094-17-0-10-22-008.00-0
Land Assessment
$4,312 CAD
Improvements Assessment
$36,790 CAD
Total Assessment
$41,102 CAD
  • Listing ID: 33398864

  • Date on Market: 2024-10-03

  • Last Updated:

  • Address: 708-714 N Main st, Newton, KS 67114

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