1000 Illinois St Sidney, NE 69162-1646
Exceptional investment opportunity in Sidney, Nebraska. This property boasts 2,431 square feet of office space, strategically located at the corner of 10th and Illinois Streets. The main level features two street-facing storefronts, previously used as a restaurant, showcasing high ceilings with tin tiles, hardwood floors, and a half-bathroom. Noteworthy features include solar panels installed in 2019. The second storefront offers potential for various uses, such as a cafe or additional office space. A second-story apartment, accessible from the street, provides additional income potential or flexible space. The apartment includes two bedrooms with closets, and five additional rooms adaptable to bedrooms or office space. Recent updates include new windows throughout the second floor, updated laminate flooring and paint in two rooms, and a remodeled walk-in shower with marble-look tile. The total building size is over 4,200 square feet. Asking price is $225,000.
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Wilson & Tobin Drug Store Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
03-COMMERCIAL · Sidney, NECosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.