$885,000

128/130 S 5th St, Norfolk, NE

Opportunity meets stability in the heart of downtown Norfolk. The historic Mohawk Building at 128/130 S 5th Street offers a fully occupied mixed-use investment property with a proven income stream and a strong tenant mix already in place. The property features three fully leased commercial spaces along with five fully rented residential units, including a studio apartment. The residential units are all-electric, providing simplified utility management and attractive efficiency for tenants. Commercial occupants benefit from access to a shared common restroom area, helping maximize rentable space throughout the building. One of the property's unique features is the rooftop area, offering both a patio space and additional flexible-use area that could serve as a tenant lounge, workout space, entertainment area, or gathering spot. This added amenity helps distinguish the property and enhances its long-term appeal. Positioned in Norfolk's vibrant downtown district, the Mohawk Building combines strong occupancy, diversified income sources, and a location that continues to attract both residential and commercial tenants. Whether you're expanding an existing portfolio or seeking a dependable turnkey investment, this property offers the stability, character, and income-producing potential investors are looking for. A rare opportunity to acquire a fully leased downtown asset with immediate cash flow and long-term upside.

  • Type: APARTMENT BUILDNG
  • Beds: 5
  • Baths: 5
  • Style: Multi-Level
  • Year: 0
  • MLS ID: 260356
  • Listing Agent: Russell Wilcox

Interior

  • Above Grade: N/A
  • Below Grade: N/A
  • Main Floor: N/A
  • Upper Floor: N/A
  • Living Room: N/A
  • Dining: N/A
  • Kitchen: N/A
  • Family: N/A
  • Master Bedroom: N/A
  • Bedroom 2: N/A
  • Bedroom 3: N/A
  • Bedroom 4: N/A
  • Heat/Cool: N/A
  • Fireplaces: N/A
  • Basement: N/A
  • Description: N/A
  • Features: N/A

Exterior

  • Lot Size:
  • Acres:
  • Roof: N/A
  • Features: N/A
  • Garage: Attached
  • Garage Spaces: 1

Other

  • Flood Plain:
  • Status: ACTIVE
  • Construction: N/A
  • Brokered By: Real Estate Solutions Team
  • Utilities: Separate
  • Tax Year: 2025
  • Taxes: $4587.28

Mapped Property

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