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Vacant Former Kmart Retail Building
For Sale
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1515 W 3rd St, Alliance, NE 69301

Vacant former Kmart retail building for sale in Alliance, Nebraska, with ground lease marketing and adjacent undeveloped property.

Property Size48,000 SF
Days on Market122

Property Features for 1515 W 3rd St

General Information

Standard status Active
Size 48,000 SF
Property subtype Retail

Building Details

Construction steel building
Listing Agency: Landmark Real Estate Services
Listed By: Daniel Dickinson · License #NE 0840029
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 3:33PM

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 Landmark Real Estate Services

Investment Insights

Based on property information with market context.

This vacant retail building was formerly operated as a Kmart. The property is being offered for sale, with the ground lease managed and marketed by the landlord’s agent, and it also includes an adjacent undeveloped property.

The address is 1515 W 3rd St in Alliance, Nebraska.

Inquiries should be directed to confirm the specifics of the ground lease structure and how the adjacent undeveloped parcel factors into the offering.

Key Highlights

  • Vacant former Kmart retail building for sale in Alliance, Nebraska
  • Listed as a ground lease property with ground lease marketing involvement by the landlord of the ground lease

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 59% Home Improvements & Furnishings 41%
Bernie's Supply Ace Hardware Home Improvements & Furnishings
1,295 visits/mo 0.2 miles
Carquest Auto Parts Shops & Services
1,001 visits/mo 0.1 miles
Cover-Jones Motor Co Shops & Services
865 visits/mo 0.1 miles

Demographics for 69301, NE

9,632
Population
4,613
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
91%
High-School Grad
1,034.0 sq mi
ZIP Area
9
Density / Sq Mi
$70,260
Median Household Income
$46,707
Median Earnings
$769
Median Rent
$165,200
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
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Frequently Asked Questions

What type of property is this?
Retail space - Vacant former Kmart retail building for sale in Alliance, Nebraska, with ground lease marketing and adjacent undeveloped property.
Where is this retail space located?
The property is located at 1515 W 3rd St Alliance, NE.
What are key features of this property?
This property features: Vacant former Kmart retail building for sale in Alliance, Nebraska; Listed as a ground lease property with ground lease marketing involvement by the landlord of the ground lease
(308) 631-0828 Call to check price and availability
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