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Property summary
This exceptional Hastings, Nebraska office building presents a unique investment opportunity at $670,000. The property, located at 321 N Burlington Ave, boasts a total of 9,938 square feet situated on a 0.23-acre lot. The building underwent a complete restoration and refurbishment in 2008, ensuring modern functionality and aesthetics. The 5,035 square foot main structure features over 4,000 square feet of finished office space, ideally suited for a variety of professional uses. The layout includes six or more patient rooms, an x-ray room, two practitioner offices, a spacious waiting area with a well-lit administrative/reception area, two restrooms, a laundry room, and a break room. Adding to its versatility, a 1,000 square foot garage with a power overhead door is located at the rear of the building. Energy efficiency is maximized with three geothermal HVAC units and LED lighting throughout. The property is offered with an open lease, allowing for flexible use and customization to meet specific business needs. This meticulously maintained property offers a compelling combination of size, location, and modern amenities, making it an attractive prospect for expansion or portfolio diversification. The property's zip code is 68901.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice
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Alternative Medicine Practice
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Alternative Medicine Practice
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Alternative Medicine Practice Spa & Massage Center
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Alternative Medicine Practice
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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 · Hastings, 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 Hastings, NE.
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Find the owner behind the property.
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