Retail Business for Sale in Newton, IA

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Newton, IA 50208

Description

Retail in Newton, IA ​​​​​​​CBRE is pleased to present the opportunity to acquire newly converted Climate-Controlled Storage and Retail occupied facility in Newton, Iowa. This 17,824 SF standalone building was purchased in 2021 for a full rehab partitioning 6,000 SF retail space, from the remaining 17,824 SF built out as indoor climate-controlled storage units. The retail space is occupied on a Net lease by The WELL Thrift Store which is a growing consignment retailer with 5 locations in Central Iowa. The storage component consists of 62 expertly designed interior storage units ranging from 80 to 180 square feet completed in January 2023. There is a low supply of CC storage units in the market and the demand was evident by stabilization early into year one and maintained excellent historical occupancy. This real estate venture offers an investor a secure and successful multi-use revenue stream with significant rental income appreciation with limited expense with the Net lease and rebated property taxes.

Market Context

This retail in Newton, IA is listed for sale at $1,225,000. It has been on the market for 164 days. Compare it against other retail listings for sale in Newton, IA — <a href="/search/sale/retail/iowa/newton">view the full market</a>.

As of Q1 2026, the Boston retail market showed a 11.0% vacancy rate, average asking rents near $12.00/SF/yr, and rents up 40.2% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Boston retail market tightening or softening?
Vacancy is around 11.0%, with asking rents rising year over year (Q1 2026).

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