Here is your chance to own a truly unique and lucrative investment property on the Riverpoint in historic and vibrant downtown Norfolk. It is a true lve here work here property that combines 11 spacious upgraded apartments (6 one bedroom and 5 two bedroom) with low vacancy and over 12,000 square feet of commercial/retail space. The commercial space is currently divided into 4 separate retail locations and a sizable storage space in the rear of the building. Three of the 4 retail spaces are currently leased. (See attached pro-forma cash flow in associated documents). Don't miss out on this rare chance to own commercial and multi-family space in one of the hottest commercial real estate sub-markets in Northeast Nebraska.
Off market
$842,500
501 W Norfolk Ave, Norfolk, NE 68701
16beds
11baths
10,838sqft
MultiFamily
Built in ----
-- sqft lot
$842,500 Zestimate®
$78/sqft
$1,053 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 11
Heating
- Gas
Appliances
- Included: Refrigerator
Interior area
- Total interior livable area: 10,838 sqft
Construction
Type & style
- Home type: MultiFamily
Utilities & green energy
- Utilities for property: Other
Community & neighborhood
Location
- Region: Norfolk
Other
Other facts
- Appliances: Applies To All, Refrigerator, Stove, Other
- Miscellaneous: Separate Meters, Indiv Watr Heat, Individual Heat, Individual Air, Security Depost, Master Meters
- Safety Features: Smoke Detector
- Unit Features: Liv/Din Combo, Kit/Din Combo, Carpet, Comn Outsid Ent, Inside Util Rm, Comn Util Room
- Util Pd By Ownr: Water, Garbage
- Util Pd By Rntr: Gas, Electricity, Cable
- Water And Sewer: City Water, City Sewer
- Construction: Brick
- Type: OTHER
- Utilities: Other
- Style: Other
- Roof: Flat
- Parcel #: 590077732
Services availability

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