1611 1st Ave W - Newton, IA Wedding & Event Venue
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1611 1st Ave W - Newton, IA Wedding & Event Venue
19,440 SF Specialty Building Offered at $990,000 in Newton, IA 50208
Investment Highlights
- Largest event venue in the Newton, IA area.
- Wide range of uses possible.
- 4 bedroom ranch home included in the sale - perfect for an onsite owner or manager.
Executive Summary
WB Realty is proud to present for sale The Thunderdome wedding and event venue in Newton, IA. With almost 20,000 SF of entertainment space and a 1,000 person capacity, this is the largest event venue in the area. Featuring a top-of-the-line sound system, a catering prep kitchen, a full bar and restaurant area, a floral shop with a display cooler, a walk-in refrigerator, and a beautiful outdoor ceremony space equipped with 60-amp electrical service, it is the perfect backdrop for weddings, concerts, proms and homecomings, company parties, galas, and any other type of special event.
The property is located on 6.6 acres right off Hwy 6, providing easy access to I-80. All new HVAC units were installed in 2017 and a new roof coating was installed in 2021. Additionally, this property includes a four-bedroom ranch home, perfect for an onsite owner or manager.
The property is located on 6.6 acres right off Hwy 6, providing easy access to I-80. All new HVAC units were installed in 2017 and a new roof coating was installed in 2021. Additionally, this property includes a four-bedroom ranch home, perfect for an onsite owner or manager.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Signage
- Air Conditioning
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zoning
| Zoning Code | C-A (Commercial - Arterial) |
| C-A (Commercial - Arterial) |
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1611 1st Ave W - Newton, IA Wedding & Event Venue
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