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31488588
31488541

120 W 6th St, Newton, KS 67114

BR
KS 248243
Red Bridge Commercial Real Estate, LLC
Listed by Red Bridge Commercial Real Estate, LLC
$600,000
82 days on market
Updated 82 days ago

Towncenter Investment Property

Details
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 21,780
Occupancy 85%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.88%
Pro-Forma NOI $47,277
Price per SqFt $28
Class B
Year Built 1928
Buildings 1
Stories 2
Zoning C-3
Investment Type Sale/Leaseback
Sale Condition Sale for leaseback

MULTI-TENANT INVESTMENT PROPERTY

Marketing description

Position your investment in the heart of downtown Newton with this well-maintained multi-tenant office building at 120 W. 6th St. This property offers immediate income with additional upside, as the current owners are willing to lease back their suite.

The building features multiple office tenants and is equipped with a wet sprinkler system, enhancing safety and insurability. A standout opportunity lies on the entire second floor, which is primed for redevelopment—ideal for additional office suites or conversion into residential apartments, with potential eligibility for historic tax credits or redevelopment incentives.

Located in a high-visibility downtown corridor, this property benefits from strong surrounding amenities, walkability, and continued investment in the Newton market. Whether you're an investor seeking steady cash flow with value-add potential or a developer looking for your next mixed-use project, 120 W. 6th presents a compelling opportunity.

Listing Contacts

BR
KS 248243
Red Bridge Commercial Real Estate, LLC
Listed by Red Bridge Commercial Real Estate, LLC

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Zoning

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A-1 AgricultureAgriculture
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Last updated Jun 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Ben Reed
License
248243
Brokerage
Red Bridge Commercial Real Estate, LLC
Title
President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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