Building Details

Buildings 1

Stories 2

Tenancy Multi

Listing Agency: Gothenburg Realty Cottonwood Realty

Listed By: Raelyn Maxwell · License #814 Show Phone

Source: Exprealty

Added: Nov 11, 2025 Changed: Sep 29 Last Checked: Oct 7 at 5:38PM

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Investment Insights

Based on property information with market context.

This two-story commercial property has 5,246 square feet of retail space on the main floor, currently occupied by three long-term renters. Recent building work includes a newer roof, updated HVAC, and replacement windows on the main level. The upper floor is unfinished and has potential for apartment development.

The building is located on Lake Ave in Gothenburg, Nebraska.

Key Highlights

• 5,246 sq. ft of main‑floor retail space
• Three long‑term renters occupy the main floor
• Two‑story commercial building on Lake Ave in Gothenburg, Nebraska

Property Analytics

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Current Use

Gothenburg Improvement Co Social Service Agency Gothenburg Community Development ... Business Service Center

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Electrical Service Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

298

Businesses Nearby

25k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 58% Dining 42%

McDonald's Dining

9,759 visits/mo 0.5 miles

Dollar General Shops & Services

5,197 visits/mo 0.1 miles

Sinclair Shops & Services

4,107 visits/mo 0.2 miles

Cenex Shops & Services

4,086 visits/mo 0.2 miles

Carquest Auto Parts Shops & Services

998 visits/mo 0.3 miles

Demographics for 69138, NE

4,323

Population

1,921

Households

2.3

Avg Household Size

43

Median Age

24%

College-Educated

93%

High-School Grad

328.1 sq mi

ZIP Area

13

Density / Sq Mi

$81,250

Median Household Income

$46,703

Median Earnings

$834

Median Rent

$179,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Main-floor retail space is occupied by three long-term renters.

Where is this mixed-use property located?

The property is located at 1001 Lake Ave Gothenburg, NE.

What is the asking price?

The asking price for this property is $252,500.

What are key features of this property?

This property features: 5,246 sq. ft of main‑floor retail space; Three long‑term renters occupy the main floor; Two‑story commercial building on Lake Ave in Gothenburg, Nebraska