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    113 2Nd St Kimball, NE 69145

    For Sale
    $75,000

    Downtown Kimball, 2500 sq ft mixed-use

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 2,500-square-foot mixed-use commercial property, located at 113 W 2nd St in Kimball, Nebraska, presents a unique investment opportunity. Built in 1917, this historic building sits on a 25x100-foot lot, boasting a 208-foot perimeter. Currently configured as a fully occupied 1,920-square-foot barber shop, the property offers significant versatility. The adaptable layout includes two separate front entryways, allowing for the operation of two distinct businesses or a single larger enterprise. The spacious interior provides ample room for various business ventures, while the rear of the building, formerly an apartment, offers additional flexibility. The asking price is $75,000. A comprehensive inventory of existing equipment will be provided to potential buyers for the current barber shop operation, allowing for continuation of the existing business or implementation of a new concept. The property's prime downtown location ensures high visibility and easy access, making it ideal for attracting customers. This property offers a blend of historic charm and modern adaptability, making it an attractive investment in the thriving Kimball community. The building's 2,500 square feet provides ample space for a variety of business uses, from retail and cafes to professional services and creative studios. This is a chance to own a piece of Kimball's history and contribute to its vibrant business landscape.

    Property Features for 113 2Nd St

    General Information

    Property type
    Office space
    Square Feet
    2,500 SF

    HighLights

    • 2,500 SF building on a 25' x 100' lot at 113 W 2nd St, Kimball, NE.
    • 1917 construction, currently fully occupied by a 1,920 SF barber shop.
    • Prime location with historic charm and adaptable layout.
    • Rear space previously used as an apartment offers additional flexibility.
    • Existing barber shop equipment inventory available to buyer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A Touch of Class Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kimball
    County
    Kimball
    State
    Nebraska
    Longitude
    -103.6638573
    Latitude
    41.2373455

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    FAQs

    What type of property is this?
    Office space - Downtown Kimball, 2500 sq ft mixed-use
    Where is this office space located?
    The property is located at 113 2Nd St Kimball, NE.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: 2,500 SF building on a 25' x 100' lot at 113 W 2nd St, Kimball, NE.; 1917 construction, currently fully occupied by a 1,920 SF barber shop.; Prime location with historic charm and adaptable layout.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 2Nd St Kimball, NE 69145
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