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702 Cedar Ave, 
Laurel, NE 68745

$600,000

27

Beds

35

Baths

30

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Tami White

Berkshire Hathaway Home Services Amb Re Norfolk

402-371-3469

Last updated:

December 17, 2025, 08:04 PM

MLS#

250670

Source:

NE NBOR

About This Home

702 Cedar Ave

This expansive commercial property, formerly an assisted living facility, offers over 30,000 square feet of versatile space with endless potential. The layout and infrastructure make it an ideal candidate for redevelopment into apartments, a hotel, or office suites. With its size and flexible design, the property presents a rare chance for investors and developers to reimagine the space to meet today’s market demands. Whether you’re seeking a multi-family conversion, hospitality venture, or commercial office project, this building is a blank canvas ready to deliver strong returns. A true opportunity for visionaries looking to capitalize on a property with scale, adaptability, and prime potential.

Home Facts

Multi-Family

35 Baths

27 Bedrooms

Built in 1978

Price Summary

600,000

$20,000 per Sq. Ft.

MLS #:

250670

Last Updated:

December 17, 2025, 08:04 PM

Added:

3 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

27

Bathrooms

Total Bathrooms:

35

Full Bathrooms:

35

Interior

Living Area:

30 Sq. Ft.

Structure

Structure

Building Area:

30 Sq. Ft.

Year Built:

1978

Lot

Lot Size (Sq. Ft):

111,949

Finances & Disclosures

Finances

Price:

$600,000

Price per Sq. Ft:

$20,000 per Sq. Ft.

Source:NE NBOR
The information being provided by Norfolk Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Norfolk Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.