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Property profile & analytics
OFF-MARKET Estimated value $1,130,000
Turn key restaurants

505 Main St Fremont, NE 68025-5083

26,350 SF 0.13 ac lot Built 1912
Entity Owned Free & Clear
Property ID
US57-0646981
Property summary
AI-generated overview

This exceptional retail opportunity is located in the heart of Fremont, Nebraska, at 505 N Main St, zip code 68025. The property, built in 1912, offers a total of 42,640 square feet across six stories in a single building situated on a 0.13-acre lot. Currently, 7,465 square feet of retail space is available, divisible into units ranging from a minimum of 3,125 square feet to a maximum contiguous space of 4,340 square feet. The property is zoned for commercial use and is ideally suited for restaurants or bars, given its multiple tenancy capabilities. Its prime downtown location boasts excellent Main Street frontage, ensuring high visibility and accessibility. The property's proximity to the courthouse and numerous surrounding businesses provides a strong foundation for success. This historic building presents a unique chance to establish a thriving business in a vibrant and well-connected area of Fremont, Dodge County, Nebraska. The property's size and layout offer flexibility for a variety of retail concepts. This is a rare opportunity to secure a prominent space in a desirable downtown location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1912
Total area 26,350 SF
Lot 0.13 ac (5,663 SF)
Zoning code COMMERCIAL
APN 270002954
UPID US57-0646981
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
Current use
Occupant on record · Public records
  • Call Real Psychic Spiritual Center
  • Lofts at 505 Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M
Owner & transaction history
505 MAIN STREET GROUP LLC
505 MAIN STREET GROUP LLC
Zoning & alternative use
COMMERCIAL · Fremont, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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