623 N 19TH AVE E, NEWTON, IA 50208-1853

Marketing Description

Industrial/Flex Property Available at an Exceptional Value | 623 North 19th Avenue, Newton, IA

This versatile 17,100-square-foot commercial property offers a rare opportunity to acquire a substantial industrial/flex building at an extremely attractive price point. Formerly occupied by Newton Group, Inc., the property is well-positioned for a variety of users, including manufacturing, warehousing, distribution, contractor operations, service businesses, and owner-users seeking a combination of office and warehouse space.

Situated on a 0.69-acre commercially zoned lot, the building features a functional layout with a significant amount of both office space and warehouse space, providing flexibility for a wide range of operations. The warehouse area is serviced by two dock-high doors, allowing for efficient shipping, receiving, and logistics capabilities.

At an asking price of just $275,000, this property is offered at approximately $16.08 per square foot, making it one of the most compelling industrial/flex opportunities on the market. Whether purchased for owner occupancy, investment, or redevelopment of operations, the property presents exceptional value relative to replacement cost and available square footage.

This is a unique opportunity to acquire a large commercial building with immediate usability and long-term potential at a price rarely seen in today's market.