502 East Francis Street, North Platte Commercial Building - $595,000

A commercial / RETAIL building opportunity Located on a high traffic street in a quickly developing area of north platte.

Looking for a high traffic location with plenty of parking for your business or an investment opportunity WITH POTENTIAL rental income?

Take a look at this opportunity.

502 East Francis Street: A Versatile Property in North Platte

This 3,750 sq ft building is surrounded by 14,000 sq ft of paved parking, with an additional 9,000 sq ft of gravel parking located in the eastern portion of the property. The lot features alley access for deliveries and shipping opportunities.

The building, constructed with a steel frame and stucco façade, offers a blank canvas for customization. Formerly a beauty shop, all equipment and layout have been removed, allowing you to tailor the space to your specific needs.

Key features of the property include:

  • Accessibility: The building is handicap accessible, ensuring convenience for all visitors.

  • Layout Flexibility: With two existing front entryways and the possibility of adding a third, you can create up to three separate suites within the building. A rear entry door to the alley and a side entry door for employees also exist.

  • Office Space: The seller currently occupies a 400 sq ft office in the northeast corner. They are open to discussing a rental arrangement for this space. Alternatively, if your business requires the entire building, that can be accommodated as well.

Location Advantage: East Francis Street is rapidly evolving, thanks to recent business developments and the revitalization of District 177. This property enjoys a prime location in North Platte, making it an excellent investment opportunity.

For further details or to explore this versatile property, feel free to reach out. We look forward to assisting you!

LOCATION: 502 East Francis Street, North Platte, NE

LOT SIZE: 28,216 sq ft (.65 acre)

TAXES: 2023 taxes payable in 2024 are $8,045.

LEGAL DESCRIPTION: ADM. SUB. OF MIDDLETON'S 2ND ADD. 1,2 & 3 & PT. OF VACATED WALNUT ST 1 TP 502 EAST FRANCIS  

ASKING PRICE: $595,000.00

Not in the market to purchase and looking to lease? The Seller is open to discussing a long term lease with a qualified tenant.