Industrial Building on Huge Lot with Possible Incentives

316 N Cleburn St Grand Island, NE 68801

316 N Cleburn St, Grand Island, NE, 68801
316 N Cleburn St, Grand Island, NE, 68801 316 N Cleburn St, Grand Island, NE, 68801 316 N Cleburn St, Grand Island, NE, 68801 316 N Cleburn St, Grand Island, NE, 68801 316 N Cleburn St, Grand Island, NE, 68801
FOR SALE
Property Type:
Warehouse
Amount:
$529,000
Last Verified:
Jul 13, 2026

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Highlights

  • Two buildings combined into one functional industrial facility
  • Approximately 6,040 SF on a 15,703 SF lot
  • Improvements underway: new ADA-accessible restroom and new office
  • Flexible warehouse, distribution, contractor, service, storage, and logistics uses
  • Overhead doors and yard/outdoor storage potential
  • 15-foot ceiling height
  • B3 Heavy Business zoning
  • Opportunity Zone and CRA Area #1 location
  • Potential façade-improvement and TIF incentives; buyer to verify

Description

Rare opportunity to acquire a combined industrial and warehouse facility in Grand Island’s evolving Railside District. Two formerly separate buildings at 316 N Cleburn St and 321 N Eddy St have been joined to function as one property, offering approximately 6,040 SF on a 15,703 SF lot. Improvements underway include a new ADA-accessible restroom and a new office. The flexible layout, overhead-door access, yard/outdoor storage potential, utility upgrades, and 15-foot ceiling height support owner-user, warehouse/distribution, contractor, service-business, flex-industrial, storage, logistics, or value-add investment strategies. The property is located in an Opportunity Zone and CRA Area #1, with potential façade-improvement and TIF incentives. Buyer to verify zoning, incentive eligibility, building information, and all other property details.

The property is located in Grand Island’s Railside District and CRA Area #1, near rail infrastructure and within a targeted redevelopment corridor. The combined facility encompasses 316 N Cleburn St and 321 N Eddy St, with convenient access for warehouse, distribution, contractor, service, storage, and logistics uses. Potential façade-improvement and TIF incentives may be available; buyers should verify eligibility with the appropriate authorities.

Building Size: 6040sq ft
Lot Size: 0.36 acres

Map of 316 N Cleburn St, Grand Island, NE, 68801

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.