For Sale
$625,000

507 Broad St Fremont, NE 68025

Prime Fremont retail, multi-tenant, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
133
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.

Highlights

  • Exceptional investment opportunity: Multi-tenant commercial building (22,000 sq ft) in Fremont, NE's downtown core.
  • Four fully occupied tenant spaces in two, two-story buildings with basements.
  • Recently renovated (new roof 2017, HVAC upgrades since 2016), individually metered units.
  • High ceilings, historical details, excellent street visibility on high-traffic Broad St/Highway 77.
  • 15,400 sq ft lot, Downtown Commercial zoning; asking price $625,000.

Property Details for 507 Broad St

Property type
Retail properties, Retail space
Square Feet
22,000 SF
Year Built
1900
Buildings
2
Stories
2
Units
4

Location Insight

City
Fremont
County
Dodge
State
Nebraska
Latitude
41.434175599836
Longitude
-96.498561854107

FAQs

What type of property is this?
Retail property - Prime Fremont retail, multi-tenant, high occupancy.
Where is the retail property located?
The property is located at 507 Broad St Fremont, NE.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Exceptional investment opportunity: Multi-tenant commercial building (22,000 sq ft) in Fremont, NE's downtown core.; Four fully occupied tenant spaces in two, two-story buildings with basements.; Recently renovated (new roof 2017, HVAC upgrades since 2016), individually metered units.
How can I contact the broker?
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507 Broad St
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