REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 349,900
Est. payment /mo
Active
607 E 3RD STREET Kimball, NE 69145
6,538 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type COMMERCIAL/INDUST
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5001-7500
Square Footage 6,538 sqft
Price per Sqft $53
MLS Listing ID 27428
Annual Tax Amount $4,711
Lot Dimensions 21250 sf
Property Sub-Type COMMERCIAL/INDUST
Property Description
Exceptional investment opportunity in a highly visible location along the main thoroughfare through Kimball! This updated short-term/extended-stay property features 16 rental units, a newly remodeled office, and an additional 4-bedroom, 2-bath home, offering multiple potential income streams and flexibility for an owner-operator or investor. The unit mix includes four 1-bed units (Rooms 1, 2, 4 & 5) with bathtubs, mini refrigerators and microwaves; nine 1-bed kitchenette units (Rooms 7 & 9–16) with showers, mini refrigerators, microwaves and hot plates; and three 2-bed kitchenette units (Rooms 3, 6 & 8). Rooms 3 & 6 feature bathtubs, while Room 8 offers a walk-in shower. All rental units have been updated and are designed to accommodate a variety of short-term and extended-stay needs. The property also includes dedicated storage areas for housekeeping and cleaning supplies, along with two laundry rooms that provide the opportunity to add coin-operated machines for additional convenience and potential revenue. The on-site home offers 4 bedrooms and 2 bathrooms, with the basement bedrooms being non-egress, and could provide additional rental income, manager housing or owner accommodations. Excellent on-site parking, strong visibility and a convenient location make this a compelling opportunity for workforce housing, traveling professionals, extended-stay guests or traditional short-term lodging. With the infrastructure already in place and multiple avenues for income, this is a unique opportunity to acquire a versatile lodging property in Kimball.
Location
State NE
Area Kimball / Dix / Potter / Bushnell
Interior
Heating Electric, Gas Forced Air, Hot Water
Cooling Central Air, Wall Unit, Window Unit
Exterior
Utilities Available Electric, Gas, City Water, City Sewer
Roof Type Asphalt
Present Use Hotel/Motel
Building
Story 1
Foundation Slab
Level or Stories 1
Listed by #1 PROPERTIES RANCH & RECREATION, LLC
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION