1403 19th St Auburn, NE 68305-2350
Property summary
This 0.05-acre commercial lot at 1403 19th Street in Auburn, Nebraska, presents a unique investment opportunity. Priced at $140,000, the property offers significant potential for diverse uses. While currently featuring a combined commercial/residential structure, the existing buildings offer flexibility for redevelopment or repurposing. The existing structure includes a one-bedroom, one-bathroom apartment with laundry facilities, a mechanical room, and substantial storage space. A lower level provides a large open area with field turf flooring, a half-bath, and an attached garage. A full, unfinished basement offers additional storage with concrete flooring and full ceiling height. The property's location in Auburn, NE, zip code 68305, provides convenient access to local amenities and infrastructure. Annual property taxes are $1,231. This versatile property is ideal for entrepreneurs seeking a prime location to establish a business or for investors looking for a promising redevelopment project. The existing structures could be renovated, repurposed, or removed to accommodate a new construction project. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
-
Gym & Fitness Center
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Auburn, NEZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for COMMERCIAL in Auburn, NE.
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Find the owner behind the property.
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