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205 Smith Ave 1,334 SF Retail Building Elwood, NE 68937 $215,900 ($161.84/SF)
Investment Highlights
- Prime Location!
- 6 Lots to expand or build to suit!
- On the corner of two major highways with a 4 way stop.
Executive Summary
Prime commercial opportunity spanning six lots—half a city block—positioned at the high visibility four way stop where Highways 283 and 23 meet. Every vehicle stops here, maximizing exposure for any business.
The property features a solid building with two 10 foot overhead doors, a workbench, air compressor, heat, two offices, a restroom, and storage. Upgrades include a new furnace installed in 2025 with a transferable warranty, along with new front concrete.
Located just 3 miles from Elwood Reservoir, 7 miles Johnson Lake and 15 miles south of I 80, this site is easily accessible for local and regional traffic. A versatile piece of real estate with abundant potential for retail, service, or commercial development.
The property features a solid building with two 10 foot overhead doors, a workbench, air compressor, heat, two offices, a restroom, and storage. Upgrades include a new furnace installed in 2025 with a transferable warranty, along with new front concrete.
Located just 3 miles from Elwood Reservoir, 7 miles Johnson Lake and 15 miles south of I 80, this site is easily accessible for local and regional traffic. A versatile piece of real estate with abundant potential for retail, service, or commercial development.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,334 SF
Building Class
C
Year Built/Renovated
1936/2014
Price
$215,900
Price Per SF
$161.84
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.48 AC
Zoning
Commercial
Frontage
150’ on HWY 283 and HWY 23
Amenities
- Corner Lot
- Signage
- Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 370020340 | Total Assessment | $38,335 |
| Land Assessment | $10,450 | Annual Taxes | ($1,334) (($1.00)/SF) |
| Improvements Assessment | $27,885 | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
370020340
Land Assessment
$10,450
Improvements Assessment
$27,885
Total Assessment
$38,335
Annual Taxes
($1,334) (($1.00)/SF)
Tax Year
2025 Payable 2026
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Presented by
Brell Realty & Auction
205 Smith Ave
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