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Listing provided courtesy of Brell Realty & Auction- MLS# 20260237MLS Provider

304 Smith AvenueElwood, NE 68937

Commercial
$139,500 PENDING

304 Smith Avenue Overview

Time on Site:
129 days
Visits:
9

Prime commercial location with high visibility from both Highway 283 and Highway 23 in downtown Elwood. Just 7 miles from Elwood Reservoir and Johnson Lake, and 15 miles south of I-80. This property offers excellent potential for retail, grocery, or other commercial use. Spacious layout includes a full basement, main street and rear parking, and a new TPO roof (2025). Features include: Kitchen, walk-in freezer, and walk-in refrigerator Ample storage throughout Three 5-door refrigerated coolers (one new in 2022) Three 5-door freezer units Commercial meat processing equipment and security system Full equipment list available upon request Previously operated as a grocery store — ready for your next business venture!

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304 Smith Avenue Facts & Features

  • Type Commercial

Details

General

Business Information

  • Current Use: Shopping Cntr

Location/Region

  • MLS Area Major: Elwood

Tax Information

  • Tax Annual Amount: 872.44
  • Tax Year: 2025

General Information

  • Property Sub Type: COMMERCIAL/INDUST
  • Property Type: COMMERCIAL/INDUSTRIAL
  • Zoning: Commercial

Interior

General Information

  • Basement: Yes
  • Cooling: Central Air
  • Flooring: Tile
  • Foundation Details: Full Basement
  • Heating: Gas Forced Air
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Parking Area,Street Parking
  • Parking Total: 5-10

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Flat

General Information

  • Utilities: Electric,Gas,City Water,City Sewer

304 Smith Avenue Neighborhood

Community

68937 (Johnson Lake) Demographics

61
Median Age
10
Population Density (per sq. mile)
37%
College Educated
$63,050
Estimated Median Income
651
Estimated Total Home Owners
189
Estimated Total Renters
78% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

304 Smith Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

304 Smith Avenue Market Data

Based on the last 30 days in this zip code

$512,864
Average List Price
$288
Average Price per Square Foot
3
Properties Sold
142
Average Days on Market
34
Properties for Sale
Calculations provided by Reliance Network

304 Smith Avenue History

Date Event Value Agent
5/7/2026Source: Greater Mid-Nebraska MLS Status Change
PENDING
2/21/2026Source: Greater Mid-Nebraska MLS Added to Database
February 21, 2026