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Industrial Building on Huge Lot with Possible Incentives

$450,000

316 N Cleburn St, Grand Island, NE 68801

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Last Updated: 10/14/2026

6,040 sqft

Building Size

0.3605 acres

Lot Area

Details:
Building Size:    6,040 sqft
Lot Area:    0.3605 acres
Highlights:
  • Two buildings combined into one functional industrial facility
  • Approximately 6,040 SF on a 15,703 SF lot
  • 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. The flexible layout, overhead-door access, yard/outdoor storage potential, 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. No water currently connected to the building.

Strategically located in Grand Island’s Railside District and Community Redevelopment Area (CRA) #1, this two-building industrial property offers a prime opportunity within an established commercial corridor undergoing revitalization. Situated at 316 N Cleburn Street and 321 N Eddy Street, the property benefits from proximity to rail infrastructure and convenient access to major transportation routes. Its central location supports a variety of industrial and commercial uses, including warehousing, distribution, contractor operations, storage, and logistics. The property may also qualify for redevelopment incentives, including façade improvement assistance and Tax Increment Financing (TIF), subject to eligibility and approval by the appropriate authorities.

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