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112 N 2nd Avenue W

Newton, IA 50208
  • $795,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 731739
UPDATED: 42 min ago
$795,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,488
    SQFT
  • $177
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1875
County:
Area:

School Ratings & Info

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.

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© 2026 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2026-01-22T20:22:37.47.
www.exitrealtycc.com/homes/171432040
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112 N 2nd Avenue W Newton, IA 50208

  • Price: $795,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 42 min ago
  • MLS #: 731739
0
Beds
0
Baths
0
½ Baths
0.1
Acres
4,488
SQFT
$177
$/SQFT
1875
Built
Neighborhood:
Newton
County:
Jasper
Area:
Newton
Property 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.
Exterior Features

Construction Materials Brick

Interior Features

Cooling Central Air Cooling YN Yes

Property Features

Lease Considered YN No Listing Terms Cash Conventional Lot Size Dimensions 34x132 Tax Annual Amount 5835 Zoning C & R

Listing provided courtesy of Keller Williams Realty GDM: (515) 334-4900. © 2026 Des Moines Multiple Listing Service.
© 2026 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2026-01-22T20:22:37.47.
 
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