132 5th St Seward, NE 68434-2135

This exceptional mixed-use property in Seward, Nebraska, presents a compelling investment opportunity. The 11,187 square foot building, originally constructed in 1895 and extensively renovated in 2020, boasts two national franchise tenants: Jimmy John's and Domino's Pizza, both with significant lease terms remaining (7+ years). The renovation encompassed complete electrical, plumbing, HVAC, roofing, and interior updates, resulting in minimal ongoing maintenance costs. The property's prime location on Seward's town square, near Concordia University (2,700 students) and numerous large employers (Allo Communications, Petsource, WCR Inc, Tenneco Automotive, and BNSF), ensures consistent tenant demand. The building's strategic position within the Lincoln, NE MSA (population 345,000+) further enhances its investment potential. The asking price is $1,850,000, translating to $165.37 per square foot. This two-story building offers a diversified income stream, combining the stable revenue from established retail tenants with the potential for additional income from residential units. The property's history as a cherished part of Seward's heritage, coupled with its modern updates and strategic location, makes it an attractive and stable investment.