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    Downtown Retail Storefront with Mezzanine Title is generated by Realmo AI

    15416 S 2nd St, Bennington, NE 68007

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    For Sale
    $475,000

    A storefront retail space with large glass windows, high open ceilings, and a rear second-floor mezzanine for added operations.

    Type:Retail
    Property size:
    2,900 SF
    Price / SF:
    $163/SF
    Added:
    Jun 25, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 27 at 2:56 am

    Property Features for 15416 S 2nd St

    General Information

    Standard status
    Active
    Size
    2,900 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1911

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    Grant Kobes, CCIM

    Listing office

    Listing date Jun 25, 2026

    Source Investorsomaha

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Grant Kobes, CCIM

    HighLights

    • 1911‑built downtown Bennington storefront with high, open ceilings and large glass windows
    • Open floor plan designed for retail merchandising at street level
    • Second‑floor mezzanine at the rear adds extra space for store operations
    • Located adjacent to a planned mixed‑use four‑story development
    • Property is within a designated Tax Increment Financing (TIF) area

    Overview

    This downtown retail building is designed around an open floor plan with high, open ceilings and large glass windows at the storefront. The second-floor mezzanine is located at the rear of the building, providing additional space to support day-to-day store operations.

    The property is located in downtown Bennington and sits next to a planned mixed-use four-story development. It also falls within a designated Tax Increment Financing (TIF) area.

    For an owner-user, the storefront configuration supports merchandising and customer visibility, while the mezzanine adds flexibility for storage, back-of-house use, or supplementary operations. For investors, the layout offers a straightforward retail presentation with an interior expansion area via the rear mezzanine, with the added consideration of its adjacency to the planned development and TIF designation.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $53.2k $18.36
    − Vacancy −$2.3k −$0.81
    EGI $50.9k $17.55
    − OpEx −$15.3k −$5.27
    NOI $35.6k $12.29
    2,900 SF · lease $18.36/SF/yr · vacancy 4.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $509.0K
    $445.4K – $593.9K (±1% cap)
    NOI $35,631 @ 7.0% cap · market cap 7.50%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $736.1K
    $644.1K – $858.8K (±1% cap)
    NOI $51,525 @ 7.0% cap · market cap 10.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Earl and Gray Home Decor Store

    Suggested Use

    Real Estate Agency Spa & Massage Center Restaurant Hair Salon Law Firm Auto Parts Store Nail Salon Pharmacy Gym & Fitness Center Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bennington
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.1565661
    Latitude
    41.3633805

    FAQs

    What type of property is this?
    Storefront property - A storefront retail space with large glass windows, high open ceilings, and a rear second-floor mezzanine for added operations.
    Where is this storefront property located?
    The property is located at 15416 S 2nd St Bennington, NE.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 1911‑built downtown Bennington storefront with high, open ceilings and large glass windows; Open floor plan designed for retail merchandising at street level; Second‑floor mezzanine at the rear adds extra space for store operations
    More about this property
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