507 Broad St Fremont, NE 68025-4930
This exceptional investment opportunity presents a multi-tenant commercial building ideally situated in Fremont, Nebraska's vibrant downtown core, at 507 N Broad St, 68025. Boasting approximately 22,000 square feet of retail space spread across two buildings, each with two stories and basements, this property offers four separate, fully occupied tenant spaces. The building, constructed in 1900, has undergone various renovations, including a new roof in 2017 and numerous HVAC system upgrades since 2016. Each unit is individually metered with circuit breakers, ensuring efficient utility management. The property features high ceilings, preserved historical details, and excellent street visibility on Broad Street/Highway 77, a high-traffic area. The 15,400 square foot lot is zoned for Downtown Commercial use, providing flexibility and potential for future development. This landmark property presents a rare chance to acquire a stable, income-generating asset in a thriving Nebraska community. The asking price is $625,000. The property is currently under a modified lease agreement.
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Black Tie & White Satin Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Fremont, NEFremont. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.