Fully Leased Mixed-Use
128/130 S 5th St, Norfolk, NE 68701
For Sale
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Fully occupied building with three leased commercial spaces and five all-electric residential units, plus rooftop patio space.
Property SizeContact for details
Days on Market147
Property Features for 128/130 S 5th St
General Information
Standard status
Property subtype
Occupancy
Additional Details
Multifamily Units
Building Details
Tenancy
Listing Agency:
Real Estate Solutions Team
Listed By:
Russ Wilcox
Source:
Crexi
Added: Jun 17
Changed: Nov 1
Last Checked: Nov 8 at 9:22AM
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 Real Estate Solutions Team
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Investment Insights
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The historic Mohawk Building at 128/130 S 5th Street is a fully leased mixed-use property combining commercial and residential income. The building includes three fully leased commercial spaces and five fully rented residential units, one of which is a studio apartment. Residential units are all-electric, simplifying utility management for tenants. Commercial occupants share access to a common restroom area to help maximize the usable layout. The property also includes a rooftop area with patio space and additional flexible-use space that can support a range of tenant-friendly uses.
Located in the heart of downtown Norfolk, the Mohawk Building is positioned within a downtown setting that continues to draw both residential and commercial tenants. The diversified configuration provides multiple income streams within the same asset.
For investors seeking a turnkey, occupied property, this building offers the practicality of existing leases across both components of the operation. The all-electric residential setup is designed to reduce utility complexity, while the commercial spaces’ shared common restroom access supports an efficient use of interior improvements. The rooftop amenity adds a distinct, functional feature that can serve tenant needs beyond standard indoor space.
Located in the heart of downtown Norfolk, the Mohawk Building is positioned within a downtown setting that continues to draw both residential and commercial tenants. The diversified configuration provides multiple income streams within the same asset.
For investors seeking a turnkey, occupied property, this building offers the practicality of existing leases across both components of the operation. The all-electric residential setup is designed to reduce utility complexity, while the commercial spaces’ shared common restroom access supports an efficient use of interior improvements. The rooftop amenity adds a distinct, functional feature that can serve tenant needs beyond standard indoor space.
Key Highlights
- Fully occupied mixed‑use building with three leased commercial spaces and five rented residential units
- Residential units are all‑electric, designed for simplified utility management
- Rooftop area includes a patio plus additional flexible‑use space
Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
873
Businesses Nearby
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Business Placement
Demographics for 68701, NE
31,257
Population
13,806
Households
2.3
Avg Household Size
37
Median Age
24%
College-Educated
93%
High-School Grad
188.5 sq mi
ZIP Area
166
Density / Sq Mi
$64,862
Median Household Income
$40,713
Median Earnings
$855
Median Rent
$200,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied building with three leased commercial spaces and five all-electric residential units, plus rooftop patio space.
Where is this apartment building located?
The property is located at 128/130 S 5th St Norfolk, NE.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Fully occupied mixed‑use building with three leased commercial spaces and five rented residential units; Residential units are all‑electric, designed for simplified utility management; Rooftop area includes a patio plus additional flexible‑use space
