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Property profile & analytics
OFF-MARKET
Retail space

507 Broad St Fremont, NE 68025-4930

7,928 SF 0.14 ac lot Built 1900
Entity Owned Absentee Owner Free & Clear
Property ID
US57-0997113
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 7,928 SF
Lot 0.14 ac (6,098 SF)
Zoning code COMMERCIAL
APN 270002828
UPID US57-0997113
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
  • Black Tie & White Satin Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
BRONTE HOLDINGS 1 LLC
BRONTE HOLDINGS 1 LLC
Zoning & alternative use
COMMERCIAL · Fremont, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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