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Property profile & analytics
OFF-MARKET
Retail space

609 Central Ave Nebraska City, NE 68410-2448

5,376 SF 0.13 ac lot Built 1900
Entity Owned ~ Est. High Equity
Property ID
US57-0990205
Property summary
AI-generated overview

This exceptional storefront property, located at 609 Central Avenue in the heart of historic downtown Nebraska City, Nebraska, presents a unique investment opportunity. Boasting 10,056 square feet across two stories, this 1900-built building offers a blend of character and functionality. The asking price is $269,000, translating to $26.75 per square foot. The property sits on a 0.13-acre lot and includes a partial basement, providing ample storage space. The building features attractive display windows, original wood floors, and a recently updated bathroom. Modern HVAC and sewer systems are also in place. The upper level loft space offers significant potential for conversion into residential living, adding to the property's versatility. Its prominent location on Central Avenue (the main street) ensures high visibility and foot traffic, making it ideal for a variety of retail businesses or even office space. This building's combination of historic charm, substantial square footage, and prime location makes it a truly remarkable opportunity within the vibrant downtown Nebraska City community (zip code 68410). The building's many features and potential uses make it a strong investment prospect.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 5,376 SF
Lot 0.13 ac (5,760 SF)
Zoning code COMMERCIAL
APN 5526000
UPID US57-0990205
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
  • Warehouse Antiques Home Decor Store Furniture & Home Goods
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
WAREHOUSE ANTIQUES 609 LLC
WAREHOUSE ANTIQUES 609 LLC
Zoning & alternative use
COMMERCIAL · Nebraska City, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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