501 N Madison St, Lexington, NE 68850
sale
$650,000
|
Other
Courtesy Of Marshall Land Brokers and Auctioneers
This unique commercial offering includes two adjacent properties in a high-visibility location just off of Highway 30 in Lexington, Nebraska. This is an excellent opportunity for a restaurant, retail, or redevelopment project. 501 N. Madison St. This property features a 2,358-square-foot commercial building on an approximately 20,000-square-foot lot. Currently operating as a restaurant, the space includes commercial kitchen and dining space. All branded inventory, equipment and signage will be removed prior to transfer. 309 W. 5th St. Adjacent to the restaurant property, this 1,436-square-foot, two-story Craftsman-style home, sits on an approximately 10,500-square-foot lot. This property is offering the potential for renovation or redevelopment. Together, these properties provide a versatile investment opportunity in a prime location. Whether continuing as a restaurant, repurposing for a different business use, or considering redevelopment, this offering presents significant potential.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 0
- Floors: 1
- MLSID: 11449250
- Roof Type: Asphalt
- Rooms: Bathroom 2
- Rooms: Bathroom 1
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