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    639 S Locust St Grand Island, NE 68801

    New
    For Sale
    $339,000

    Commercial - Grand Island, NE

    Property size:
    8,890 SF
    Lot size:
    0.26 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 8 at 4:06 pm

    Property Features for 639 S Locust St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B2
    Parking features
    Paved or Surfaced
    Size
    8,890 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1946
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Tile, Wood
    Building materials
    Block, Concrete
    Roof type
    Flat
    Architectural style
    Other

    Action Property Management (308) 384-3477

    Listing agent Al Avery (308) 384-3777

    Listing date Dec 8, 2025

    MLS# 20251180 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

    Updated Office/Retail Space For Sale

    This property offers over 8,500 square feet of updated office, retail, multi-use, and open-concept workspace. The building features a stone facade front entrance facing South Locust, providing high visibility. It also includes a back entry and lobby. The property has a new roof and carpet, along with updated decor and lighting. It is located near downtown Grand Island, in Hall County, Nebraska. The lot size is 0.26 acres. The zoning is B2. The property is located in Grand Island, NE 68801.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Machine Learning Technologies ... Human Resource Consulting

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Island
    County
    Hall
    State
    Nebraska
    Longitude
    -98.339294
    Latitude
    40.916949

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    FAQs

    What type of property is this?
    Office space - Updated office/retail space with high visibility near downtown.
    Where is this office space located?
    The property is located at 639 S Locust St Grand Island, NE.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Over 8,500 sq ft of open concept work space; - High visibility location facing S.Locust; - Suitable for office, retail, or multi-use
    (308) 384-3777
    Request Owner's contact information
    639 S Locust St Grand Island, NE 68801
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    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
    639 S Locust St Grand Island, NE 68801
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