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    1504-12 N Eddy St Grand Island, NE 68801

    For Sale
    $399,900

    Commercial - Grand Island, NE

    Property size:
    2,534 SF
    Days on Market:
    22
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 1504-12 N Eddy St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    400134616
    Size
    2,534 SF

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Vinyl
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    Da-Ly Realty & Insurance, Inc. (308) 384-1101 [email protected]

    Listing agent Sheila Reed (308) 384-1101

    Listing date Nov 15, 2025

    MLS# 20251084 Listing URL

    Copyright © 2025 Grand Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Island Office Building

    This property features a well-maintained office building with additional investment opportunities. The 1512 N Eddy location includes six offices, two bathrooms, a conference room, a copier room, a storage room, and a kitchen. The back two offices and a bathroom have a separate entrance, allowing for potential rental income. This space was previously rented for $750 per month. The building at 1504 N Eddy is currently rented for $1,000 per month under a 3-year lease and includes a dining area and bathroom. The property offers a total area of 2534 square feet and is located in Grand Island, NE. This setup provides a great opportunity with existing rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Island
    County
    Hall
    State
    Nebraska
    Longitude
    -98.356772
    Latitude
    40.935074

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    FAQs

    What type of property is this?
    Office building - Office building with investment properties and rental income.
    Where is this office building located?
    The property is located at 1504-12 N Eddy St Grand Island, NE.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Existing rental income from two properties.; - Potential to rent out a portion of the main office building with a separate entrance.; - Includes six offices, conference room, kitchen, and other essential office amenities.
    (308) 384-1101
    Request Owner's contact information
    1504-12 N Eddy St Grand Island, NE 68801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1504-12 N Eddy St Grand Island, NE 68801
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