$210,000

218 COMMERCIAL AVE, WALLACE NE, 69169

Price per sqft$18.67

Property size11,250 sqft

Property typeCommercial

Overview

Active

Listed May 23, 2026

Updated Aug 27

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.

Additional information

MLS^® ID: 27038
Available since: May 23, 2026

Interior Features

Bedrooms: 10001
Bathrooms: 1
Basement: No

Other Property Details

Taxes: $1,482
Tax Frequency: Annually

Courtesy of Nancy Faulhaber

Based on information from DASH - Coldwell Banker (CB) as of 8/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 10:07 PM UTC, 8/27/2026