116 Chestnut St Kimball, NE 69145-1257
This exceptional 13,950-square-foot retail storefront, situated in the heart of downtown Kimball, Nebraska, presents a remarkable investment opportunity. Built in 1920, this single-story building boasts a substantial 7,000-square-foot lot and offers immense potential for a variety of commercial uses. The main floor, encompassing 6,975 square feet, features a spacious showroom with attractive display windows, a large back storage room, two offices, a break room, and a restroom. The expansive 6,975-square-foot basement provides ample shelving and additional storage. The property is conveniently located across from Nebraska Coffee, near Kimball Bakery, and adjacent to a new restaurant, ensuring high visibility and foot traffic. Some new lighting has already been installed in the showroom, with additional fixtures available for the new owner. Priced at $68,000 ($4.87 per square foot), this property represents an exceptional value in a thriving downtown area. The building's size and prime location make it ideal for a wide range of businesses. Contact us to learn more or schedule a viewing.
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
Property description
Physical attributes from public recordsZoning & alternative use
03-COMMERCIAL · Kimball, NEKimball. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & 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.