501 Webster StLiberty, NE 68381

Property Details for 501 Webster St

Year built

1919

Property size (Sq ft)

1,374 SF

Zone code

03-COMMERCIAL

Property type

Warehouses

Property subtype

Self storage facilities

APN

7622000

APU

7622000

Description

This exceptional 3,000 square foot, single-story former bank building in Liberty, Nebraska, presents a rare investment opportunity at an asking price of $90,000 ($30/sq ft). Located at 501 Webster St, this vacant property sits on a 3,500 square foot lot (approximately 25x140 ft) and offers five parking spaces. The building boasts a rich history, featuring two functional vaults with combinations, an original teller area, and even original safe deposit boxes (some with keys) and historical records. Recent updates include a newer furnace, sink, and toilet. The property includes a small upstairs area with a separate vault plumbed for a toilet and sink, offering potential for a shower addition. The building's secure nature makes it ideal for adaptive reuse as a unique home, bar, wedding venue, weekend retreat, or secure storage facility. Its location offers a peaceful, quiet setting, approximately 30 minutes from Beatrice (with amenities like Walmart and a movie theater) and an hour from Lincoln, Nebraska. The property is zoned for residential use. While the current Net Operating Income (NOI) is $0 due to vacancy, the unique features and potential for diverse uses offer significant upside for the owner/user. Consideration of trades for other real estate may be possible.

• Alternative Use

  Use

  Valuation

  Residential

  $280,702

  Hospitality

  $257,121

  Educational

  $213,922

  Medical

  $221,279

  Retail

  $332,768

Location Insight

City

Liberty

County

Gage

State

Nebraska

Latitude

40.0848

Longitude

-96.4831

CBSA code

13100

CBSA name

BEATRICE, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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