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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

    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.

    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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    An equal housing lender. NMLS #10287.