623 5th St, Peru, NE 68421

Building Details

Year Built 1967 More

Year Renovated 2022 More

Buildings 1 More

Stories 1 More

Listing Agency: OMNE Partners Omaha

Listed By: Erik Rickard Show Phone

Source: Crexi

Added: Mar 27 Changed: Aug 8 Last Checked: Nov 12 at 5:05AM

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Investment Insights

Based on property information with market context.

Offered for sale is a commercial building and land package. The main building, comprising 3,497 square feet, was substantially renovated in 2022, with improvements including new electrical, plumbing, and HVAC systems, as well as other capital improvements. The property features a loading dock and a functional layout suitable for a variety of commercial uses. The sale includes the primary building and three additional contiguous parcels located directly north of the main building, totaling approximately 0.30 acres. A warehouse structure on site is in poor condition and may require extensive rehabilitation or demolition according to local governing authorities. The property is located on 5th Street near the center of downtown Peru. The sale of the property does not include furniture, fixtures, and equipment. All properties are being sold as is, where is, with no representations or warranties expressed or implied. Buyers are responsible for performing all due diligence and obtaining any required approvals from local governing authorities.

Key Highlights

• Substantially renovated main building (3,497 SF) in 2022 with new electrical, plumbing, and HVAC
• Located on 5th Street near downtown Peru
• Includes three additional contiguous parcels, totaling approximately 0.30 acres

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

The Market Grocery & Convenience Store

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Daycare Center Gym & Fitness Center Hair Salon Nail Salon

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

39

Businesses Nearby

Explore this area Business Placement

Demographics for 68421, NE

987

Population

391

Households

2.5

Avg Household Size

25

Median Age

43%

College-Educated

93%

High-School Grad

49.6 sq mi

ZIP Area

20

Density / Sq Mi

$57,838

Median Household Income

$8,833

Median Earnings

$504

Median Rent

$97,500

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Frequently Asked Questions

What type of property is this?

Retail space - Renovated commercial building and land package in downtown Peru.

Where is this retail space located?

The property is located at 623 5th St Peru, NE.

What is the asking price?

The asking price for this property is $200,000.

What are key features of this property?

This property features: Substantially renovated main building (3,497 SF) in 2022 with new electrical, plumbing, and HVAC; Located on 5th Street near downtown Peru; Includes three additional contiguous parcels, totaling approximately 0.30 acres