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407-411 N Main St 407 N Main St

5,000 SF 100% Leased Office Building Valentine, NE 69201 £172,139 (£34/SF)

Investment Highlights

  • Great Location in Downtown
  • Several updates
  • 3 investment properties

Executive Summary

Commercial investment property in an excellent location! This property contains 3 investment opportunities. The 407 bay has a very nice entry and front office space, an office space in the middle, and a large conference room in the back with a restroom. The ceiling lights and ballasts were recently replaced. The second bay 409, is an upstairs apartment, with a full kitchen bedroom, living room and bathroom, and lots of potential for any upgrades you may want to do to it. The 3rd bay- 411, is a very large space with multiple rooms and spaces for offices or whatever your entrepreneurial dreams or landlord dreams may be. This building has been well taken care of. It has many updates including all new windows and awnings. The roof is only 3 years old, the plumbing and electrical were updated in 2016. This is a must see with great income potential. The 407 bay is occupied by an insurance company currently, and current tenant would like to stay if possible, but also willing to move.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
5,000 SF
Building Class
C
Year Built
1910
Price
£172,139
Price Per SF
£34
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,500 SF
Building FAR
1.79
Land Acres
0.06 AC
Zoning
03-COMMERC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
160001447
Land Assessment
£5,258
Improvements Assessment
£136,080
Total Assessment
£141,338
  • Listing ID: 30378513

  • Date on Market: 15/12/2023

  • Last Updated:

  • Address: 407 N Main St, Valentine, NE 69201

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