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Executive Summary

1651 Washington Street offers an opportunity to acquire a fully leased retail property in the heart of downtown Blair, Nebraska. Located along the city's primary commercial corridor, the building benefits from visibility, pedestrian activity, and proximity to local retailers, restaurants, and community-serving businesses that contribute to the vitality of downtown Blair. As the county seat of Washington County and a community within the greater Omaha region, Blair provides access to a broad customer base while maintaining a locally focused business environment.
Originally constructed in 1880, the property retains historic architectural character that complements the surrounding downtown streetscape. The building is currently occupied by a local retail tenant, providing in-place income and immediate occupancy stability for investors. The existing tenancy creates an opportunity to acquire a stabilized asset while preserving flexibility for future leasing, ownership, or repositioning strategies as lease milestones approach.
In addition to the retail space, the property includes mezzanine area that may support operational, display, or storage functions. An interior connection to the neighboring building at 1647 Washington Street, which is also available for purchase, provides optional expansion potential for buyers seeking a larger downtown footprint or a multi-building investment strategy. The combination of historic character, active tenancy, and a location within Blair's established commercial district positions the property as a downtown investment opportunity with both current income and future flexibility.
This building can be purchased together with 1647 Washington St, Blair, NE 68008 for $470,000

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,400 SF
Building Class
C
Year Built
1880
Price
$205,000
Price Per SF
$85.42
Tenancy
Single
Building Height
2 Stories
Building FAR
0.92
Lot Size
0.06 AC
Zoning
03 - Commercial
Frontage
45’ on Washington St
Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Anytime Fitness
U.S. Bank
Family Fare Supermarket

Property Taxes

Property Taxes

Parcel Number
890044310
Land Assessment
$9,960
Improvements Assessment
$114,930
Total Assessment
$124,890
  • Listing ID: 41581157

  • Date on Market: 8/6/2026

  • Last Updated:

  • Address: 1651 Washington St, Blair, NE 68008

Contact the Sale Advisor

Health Mart Pharmacies | 1651 Washington St

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