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    OFF-MARKET
    Commercial real estate

    625 Madison St, Bennet, NE 68317-2378

    6,192 SF 0.21 ac lot Built 1911
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US57-0192554
    Property summary
    AI-generated overview

    This exceptional 6,192 square foot storefront property at 625 Madison Street in Bennet, Nebraska, presents a unique investment opportunity. The building, known as the Peter Olson building, boasts a prime location within an F-1 business district. Currently, the first floor is fully leased to a hair salon and a clothing boutique, generating consistent income. The building's roof is approximately eight years old. The significant upper level is currently unfinished, offering substantial potential for conversion into residential apartments or office space, significantly increasing the property's value and rental income. A separate entrance on the west side of the building leads to the lower level, ideal for trades businesses. The asking price is $359,000, translating to $57.98 per square foot. The property features three-phase power. Detailed financial information, including lease terms and income and expense statements, is available upon request and the signing of a non-disclosure agreement. This is a rare chance to acquire a well-maintained, historic building with considerable upside in a thriving Nebraska community.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1911
    Total area 6,192 SF
    Lot 0.21 ac (8,976 SF)
    Zoning code B2
    APN 21-10-204-022-000
    UPID US57-0192554
    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
    • Love, M Boutique Clothing & Fashion Store
    • Hair Exchange The Hair Salon
    • Harmony Massage Alternative Medicine Practice Spa & Massage Center
    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
    Czyz Michael
    Czyz Michael
    since 2026
    3 recorded transactions
    2026
    $707
    2019
    2016
    Zoning & alternative use
    B2 · Bennet, NE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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