501 W Norfolk Ave

Active

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.

Price: $575,000
Address:501 W Norfolk Ave
City:Norfolk
County:Madison
State:Nebraska
Zip Code:68701
MLS:180519
Lot Square Feet: acres