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526 N Main St Newton KS 67114

$345,000 Price 15,000 sq. ft.

Great opportunity for income producing property in downtown Newton. 6500 sq. ft. of retail space and an additional 5400 sq. ft. of residential space all at 100% capacity. Retail space includes 2 store fronts on Main Street and and additional 4 on 6th Street. Residential apartments are located on the upper level consisting of 6 - 1 bed/1 bath, 2 - studio/1 bath and 1 - 2 bed/1 bath. There is an entrance to the apartments on Main Street and another Entrance on E. 6th. Apt. 2 is 936 sq. ft. with 1 bedroom, Apt. 4 is a studio with425 sq. ft., Apt. 6 is 532 sq. ft. with 1 bedroom, Apt. 8 is a 1 bedroom and 576 sq. ft., Apt. 10 is a studio with 400 sq. ft., Apt. 11 is 1 bedroom with 532 sq. ft., Apt. 12 is 598 sq. ft. with 1 bedroom, Apt. 14 is 500 sq. ft. with 1 bedroom and Apt. 16 is 850 sq. ft. with 2 bedrooms. All apartments have window air conditioners except #16 which uses a mini-split. Retail spaces which consist of 524 Main with approx. 1600 sq. ft., 526 Main has approx. 1600 sq. ft., 105 E. 6th has 750 sq. ft., 107 & 109 E. 6th each have approx. 850 sq. ft. and 111 E. 6th has approx. 866 sq. ft. Boiler, work shop and electrical panels are located in the basement.

Listed by Midwest Land Specialists

At a Glance

Status
Active
MLS ID
607422
Type
Other
Year Built
1913
Lot
0.17 acres
Neighborhood
Newton City
County
Harvey
Area
H36 - NE Newton

Location

Newton 67114 Newton City 526 N Main St

Property Details

Exterior Details
Loading Dock
None
Location
Central Business District, Mixed Use
Misc. Features
Smoke Heat Detector
Parking
None
Rail
None
Roof
Flat Roof
Sidewall Height
Over 20 Ft
Interior Details
Cooling
Central Air, Electric, Heat Pump, Window Unit
Flood Insurance
Unknown
Floors
Carpet, Other/See Remarks, Wood
Heating
Electric, Forced Air, Gas, Heat Pump, Steam
Sq. Ft. Max Contiguous
1300
Sq. Ft. Min Available
0
Sq. Ft. Net Rentable
14356
Sq. Ft. Vacant
0
Property Details
Current Use
Mixed
Electrical
110 Volt, 220 Volt
Invest Package Available
No
Owner Paid Expenses
External Building Repairs, Gas, Internal Building Repairs, Janitorial, Mechanical Repairs, Property Insurance, Real Estate Taxes, Sewer, Site Maintenance, Trash, Water
Ownership
Corporate
Property Taxes
5138
Sale or Lease
Sale
Tax Year
2021
Tenant Paid Expenses
Electricity
Terms of Lease
1 Year or Less, Existing Leases, Month to Month
Value Improved
12000
Zoning
Central Bus Dis

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