501 N Madison St, Lexington, NE 68850

bathrooms 2
|Other
THB ฿21,092,825
USD $650,000
Published on: 14 Mar 2025
Last updated on: 22 Jul 2025
501 N Madison St, Lexington, NE 68850
501 N Madison St, Lexington, NE 68850
501 N Madison St, Lexington, NE 68850
+15
501 N Madison St, Lexington, NE 68850
  • 15
Property ID: 110098002657
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Commercial - Lexington, NE

501 N Madison St, Lexington, NE 68850
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Building Size
219.07 m2
Year Built
1978
Rooms
2 bathroom(s)
Architecture Style
Other
Num Floors
1
Parcel ID
000000-000.000-0032-010.000
Provider
My State MLS
Brokerage Office Name
Marshall Land Brokers and Auctioneers
Brokerage Office Phone
3082346266
Address
501 N Madison St, Lexington, NE 68850

Tax History

YearTax amount
2024USD $4407THB ฿143,009*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Clay Patton
Marshall Land Brokers and Auctioneers
2033 Central Avenue, Kearney, NE 68847
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Clay Patton
2033 Central Avenue, Kearney, NE 68847
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      Property ID: 110098002657

      Original Property ID: 3yd-NYSMLS-11449250
      Data provided by My State MLS, MLS #: 11449250
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      Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.