Historic Mixed-Use Retail
2118 Central Ave Kearney, NE 68847
2118 Central Ave, Kearney, NE, 68847
$425,000
For Sale
$425,000
Income-producing historic building with leased ground-floor retail, office-ready second story, and basement storage plus updated systems.
Property Size7,944 SF
Price / SF$53.50
Days on Market25
Property Features for 2118 Central Ave
General Information
- Standard status
- Active
- Size
- 7,944 SF
Listing agency
Kearney Realty, L.L.C.
(308) 627-1505
Listed by
Ryan Bruna · License #20170581
(308) 627-1505
Source
Exprealty
Added: Jun 29 Updated: Jul 22 at 6:14PM Checked: Jul 22 at 6:14PM
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 Kearney Realty, L.L.C.
Investment Insights
Based on property information with market context.
This historic commercial building offers income-producing leased retail on the main floor, with additional space above and in the basement. The property includes approximately 2,944 SF of leased retail space, approximately 2,000 SF of unfinished second-story space, and approximately 3,000 SF of basement storage. The second story also features a finished office space with its own private Central Ave entrance that is leased month-to-month.
The main level is occupied by a long-term tenant with annual rent increases and tenant-paid utilities, and it retains original tin ceilings. The building also provides rooftop access and rear alley access, along with original architectural details.
Recent improvements include updated second-story electrical service with new panels, removal of knob and tube wiring, refinished hardwood floors, drywall, and plumbing updates with PVC replacement. Additional upgrades include an insulated attic crawl space and one newer HVAC unit. Buyer to verify square footage to their own satisfaction.
The main level is occupied by a long-term tenant with annual rent increases and tenant-paid utilities, and it retains original tin ceilings. The building also provides rooftop access and rear alley access, along with original architectural details.
Recent improvements include updated second-story electrical service with new panels, removal of knob and tube wiring, refinished hardwood floors, drywall, and plumbing updates with PVC replacement. Additional upgrades include an insulated attic crawl space and one newer HVAC unit. Buyer to verify square footage to their own satisfaction.
Key Highlights
- Approximately 2,944 SF of leased retail space on the main floor with long‑term tenant and annual rent increases
- Includes 2,000 SF unfinished second‑story space plus a finished office leased month‑to‑month on Central Ave
- About 3,000 SF basement storage with rooftop access and rear alley access
Property Analytics
Location Intelligence
Current Use by Public Records
Gary Michael's Clothiers
Clothing Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Income-producing historic building with leased ground-floor retail, office-ready second story, and basement storage plus updated systems.
Where is this retail space located?
The property is located at 2118 Central Ave Kearney, NE.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Approximately 2,944 SF of leased retail space on the main floor with long‑term tenant and annual rent increases; Includes 2,000 SF unfinished second‑story space plus a finished office leased month‑to‑month on Central Ave; About 3,000 SF basement storage with rooftop access and rear alley access
