2118 Central Avenue, Kearney, NE 68847

Property Description

Rare opportunity to own an income producing commercial building in the heart of Downtown Kearney's iconic Bricks district. This historic property offers approximately 2,944 SF of leased retail space, 2,000 SF of unfinished second-story space, & 3,000 SF of basement storage. The main floor is occupied by a long-term tenant with annual rent increases, tenant-paid utilities, & beautiful original tin ceilings overlooking Central Avenue. The second story features its own private Central Ave entrance, a finished office leased month-to-month for additional income if desired, plus additional unfinished space ready for offices, retail expansion, or redevelopment. Recent improvements include updated second-story electrical service with new panels, removal of knob and tube wiring, refinished hardwood floors, drywall, plumbing updates with PVC replacement, insulated attic crawl space, & one newer HVAC unit. Rooftop access, rear alley access, & original architectural details add to the property's appeal. An exceptional investment opportunity offering immediate income with tremendous upside potential in one of Kearney's most desirable downtown locations! Buyer to verify square footage to their own satisfaction.