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Property profile & analytics
OFF-MARKET
Retail space

116 Chestnut St Kimball, NE 69145-1257

6,975 SF 0.16 ac lot Built 1920
Individually Owned Free & Clear
Property ID
US57-0868085
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction CONCRETE BLOCKS
Total area 6,975 SF
Lot 0.16 ac (7,000 SF)
Zoning code 03-COMMERCIAL
APN 530044730
UPID US57-0868085
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
JACQUELINE A HILL
JACQUELINE A HILL
Zoning & alternative use
03-COMMERCIAL · Kimball, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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