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Downtown Mixed-Use Building
For Sale
$249,000

614 N Washington St, Lexington, NE 68850

Mixed-use building with multiple main-level commercial spaces and partially utilized apartment space upstairs.

Property SizeContact for details
Days on Market67

Property Features for 614 N Washington St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,594
Listing Agency: BHA Real Estate
Listed By: Jacey Edson
Source: Exprealty
Added: Jun 18 Changed: Aug 20 Last Checked: Aug 23 at 7:59AM

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 BHA Real Estate

Investment Insights

Based on property information with market context.

This downtown mixed-use property features a main level with three separate commercial spaces, providing flexible options for retail, office, or a combination of uses. The building also includes an upper level totaling approximately 4,200 square feet, currently partially utilized as apartment living. Overall size is approximately 8,400 square feet, giving owners and operators room to tailor the configuration to their business and living needs.

Located at 614 N Washington St in Lexington, NE, the building is described as being on historic bricks with excellent visibility and consistent traffic. The combination of storefront-oriented space on the main level and residential use upstairs supports a variety of operating models while keeping customer-facing activity at street level.

For buyers seeking an owner-occupy setup or investors looking for a property with both commercial and residential components, the three commercial suites on the main level can support multiple tenants or a single business with room for expansion. The partially used apartment area upstairs offers additional space that can be completed, renovated, or reconfigured to better match future tenant or household needs. The property’s mixed-use structure and street-level presence make it a practical fit for those pursuing an integrated downtown operation.

Key Highlights

  • Mixed‑use building in downtown Lexington with main‑level commercial spaces and upstairs apartment space
  • Total building size: 8,400 SF, with 3 separate commercial spaces on the main level
  • Upstairs includes an additional 4,200 SF that is currently partially utilized as apartment living

Property Analytics

Current Use

African International Food ... Grocery & Convenience Store LibertyX Bitcoin ATM Atm SOMALI RESTAURANT/HALAL MEAT Restaurant Panaderia y tortilleria Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Dental Office Gym & Fitness Center

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

469
Businesses Nearby

Demographics for 68850, NE

12,489
Population
4,299
Households
2.9
Avg Household Size
32
Median Age
15%
College-Educated
64%
High-School Grad
267.0 sq mi
ZIP Area
47
Density / Sq Mi
$64,269
Median Household Income
$38,724
Median Earnings
$911
Median Rent
$156,700
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?
Mixed-use property - Mixed-use building with multiple main-level commercial spaces and partially utilized apartment space upstairs.
Where is this mixed-use property located?
The property is located at 614 N Washington St Lexington, NE.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Mixed‑use building in downtown Lexington with main‑level commercial spaces and upstairs apartment space; Total building size: 8,400 SF, with 3 separate commercial spaces on the main level; Upstairs includes an additional 4,200 SF that is currently partially utilized as apartment living
More about this property
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