Income-Producing Commercial Building For Sale

Columbus, NE
Platte County

Asking Price: Annual Revenue:
$2,000,000 Not Disclosed

Commercial Real Estate: Industrial, Warehouse

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RE: Income-Producing Commercial Building For Sale Broker: United Country Property Specialists

Quick Facts

Asking Price: $2,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1980
Employees: Not Disclosed
BBN Listing #: 785724203
Broker Reference #: 26015-11002

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Business Overview:

Income-Producing Commercial Building For Sale in Platte County, NE

Exceptional investment property located at 4000 23rd Street, Columbus, NE.  The property is on a large corner lot with major Highway 81/23rd Street and 41st Avenue frontage providing great visibility.   23rd street is the major east/west throughfare in Columbus as the street is where major highways 81 & 30 merge.  The majority of commercial and retail business are along 23rd street.  The property has a large concrete parking lot with outdoor lighting and two access entrances from 23rd Street and 41st Avenue.   The property has chain link security fencing.  The rectangular lot  is 519.6 ft x 300 ft (3.23 acre or 140,880 square feet) except for a 120'x125' lot in the southeast corner which is owned by the Seller.  Buyer would have opportunity to purchase the corner lot with grass, trees and major street frontage.  A city plat map is included in "Documents" of the listing information.

2020 Real Estate Taxes:  $28,460.76

The building is a 39,676 square feet (218'x182') in excellent condition.  The present use is a receiving and shipping warehouse for a local large electronics manufacturing business, Vishay Dale Electronics,  with central office and production plants in Columbus.  The building is a former Kmart building with metal exterior, tile covered concrete floor, extensive interior lighting, loading docks, and over head doors.  The exterior of the building is receiving a $1,000,000 upgrade with new metal siding on three exterior sides plus a new roof.  This upgrade is a result of an insurance claim for hail damage.

The present lease is $11,000 per month with tenant also paying all utilities, real estate taxes, property & liability insurance, mowing, & snow removal.  The Tenant is responsible for repair and maintenance of all equipment including overhead doors, heating, and air conditioning.  The lease expires on June 8, 2023,with tenant option to extend.  The Landlord is responsible for maintaining building foundation, exterior walls, parking areas, street access, and roof in good repair.  A copy of the lease is available to all interested and qualified Buyers.  Landlord's only expense the past few years is $5,000 for concrete replacement in parking lot.

Columbus is a city in and the county seat of Platte County, in the state of Nebraska in the Midwestern United States. The population was 22,111 at the 2010 census. Wikipedia.

Of course, a city of this size offers all services with detailed information available at following links.  Columbus is the most highly industrial city per capita in the state of Nebraska with manufacturing providing employment to over 5,700 people. From 16 adventurous people with dreams, vision, and courage, Columbus has grown to a diversified community of 22,000.

For more properties like this, go to United Country Real Estate!

Listing ID: 26015-11002

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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