218 S Commercial Ave
For Sale
218 S Commercial Ave, WALLACE, NE 69169
WHAT A GREAT OPPORTUNITY TO OWN A PIECE OF HISTORY! THE WALLACE HOTEL AND LAUNDROMAT. THE ICE CREAM PARLOR WITH BOOTHS IS STILL INTACT. IT IS CURRENTLY USED TO RENT OUT FOR GATHERINGS. THE OWNERS SUITE COULD BE RENTED OUT AS 2 UNITS AND IS NOT INCLUDED IN THE CURRENT FIGURES. THERE IS ALSO AN LAUNROMAT THAT BRINGS ADDITIONAL INCOME. NET INCOME DOES NOT INCLUDE AND ALLOWANCE FOR THE OWNERS UNIT IF IT WERE RENTED OUT.
Key features
- Age: Over 50 Years Old
- Sewer: City
- Water: City Water
Building Details
- For Sale $210,000
- Property Type Other
- Property Size 11,250 SF
- Additional Rent Price on request
- Date Updated Nov 14, 2026
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Contacts
Nancy Faulhaber
Coldwell Banker Preferred Group, P.C.
Location
- City WALLACE, NE
- Zip Code 69169
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Walk score 14/100 Car-Dependent -
Bike score 39/100 Somewhat Bikeable
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Points of Interest
Dickens Fire Department
9.05 miles
Listing Summary
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Property Financials 218 S Commercial Ave is currently listed for sale at $210,000 for a price per square foot of $18.67.
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Property Details 218 S Commercial Ave totals 11,250 square feet of Mixed Use space.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 14, indicating that it is car-dependent.
Contact Nancy Faulhaber
Nancy Faulhaber
Coldwell Banker Preferred Group, P.C.