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Listed price in listed location currency (USD).
$700,000

000

MLS® 731739

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $5,835
Days Active 126
Lot Size 
Approx. Age 1875
MLS® Number 731739

Property Address: 112 N 2nd Ave W, Newton, IA, 50208-3239

Average square foot calculated using Size range provided by listing agent.

Description

Located in the town square, this property features income-producing salon suites paired with a stunning second-floor penthouse. The salon component includes 20+ private suite units (with additional units located in the basement), a welcoming lobby, one main bathroom, a kitchenette/break room, abundant storage, and elevator access from the first floor to the basement for added convenience. Above, the second-floor penthouse offers 2 bedrooms, 1 bathroom, a walk-in closet, and a fireplace with built-in entertainment features, along with a walk-out rooftop patio. Penthouse is accessible via both an exterior metal staircase and an interior stairwell—ideal for owner occupancy or additional rental income. Major capital improvements are already complete with brand-new HVAC, plumbing, electrical, and roof, making this a turnkey investment with flexibility for a variety of commercial uses. Contact listing agent for financials.
MLS® Number731739
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1875
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 16, 2025List Date
$700,000List Price

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