702 Cedar Ave, Laurel, NE 68745
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Property image
FOR SALE
3D VIEW
2.57 ACRES

702 Cedar Ave
Laurel, NE 68745

  • 27 Beds
  • 35 Baths
  • 30 sqft (on 2.57 acres)

$350,000

Original price: $550,000
Est. Mortgage $2,185/mo*

$350,000

Original price: $550,000
Est. Mortgage $2,185/mo*
27 Beds
35 Baths
30 sqft
(on 2.57 acres)

Home Highlights

Parking
Garage
Climate Control
Heating & Cooling
Price/Sqft
$11,667
Listed
180+ days ago

Local Information

  • Map ViewExplore the area around 702 Cedar Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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 Details for 702 Cedar Ave

Interior Features

Beds & Baths
Number of Bedrooms: 27Number of Bathrooms: 35
Dimensions and Layout
Living Area: 30 Square Feet
Appliances & Utilities
Utilities: One Meter, Separate MetersAppliances: None, Common Wtr Htr, Common Water Sftnr
Heating & Cooling
Heating: Common HeatHas CoolingAir Conditioning: Individual Air,Comn Air CondHas HeatingHeating Fuel: Common Heat
Windows, Doors, Floors & Walls
Window: DrapesFlooring: Carpet
Levels, Entrance, & Accessibility
Levels: OneFloors: Carpet
Security
Security: Fire Sprinkler System, Fire Alarm

Exterior Features

Exterior Home Features
Roof: FiberglassExterior: Comn Outsid Ent
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Other
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 240Days on Market: 180+

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: Residential IncomeProperty Subtype: ApartmentArchitecture: Other
Building
Construction Materials: Brick
Property Information
Parcel Number: 0006924

Price & Status

Price
List Price: $350,000Price Per Sqft: $11,667
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Laurel

Agent Information

Listing Agent
Listing ID: 250670

Building

Building Area
Building Area: 30 Square Feet

Lot Information

Lot Area: 2.57 Acres

Business

Expense
Tenant Pays: None

Rental Terms, Policies & Fees

Owner Pays: Gas, Electricity, Water, Trash Collection

Miscellaneous

Mls Number: 250670Living Area Range Units: Square Feet
Last check for updates: about 1 hour ago
Listing courtesy of Tami White
Berkshire Hathaway Home Services Amb Re Norfolk
Source: Norfolk BOR, MLS#250670

Market trends in Laurel

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
7
1
MoM

Price History for 702 Cedar Ave

DatePriceEventSource
05/13/2026$350,000PriceChange
Norfolk BOR #250670
03/31/2026$550,000PriceChange
Norfolk BOR #250670
09/15/2025$600,000Listed For SaleNorfolk BOR #250670

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What Locals Say about Laurel

At least 1 Trulia users voted on each feature.
  • 100 % Say it's walkable to restaurants

  • 100 % Say there are community events

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say kids play outside

  • 100 % Say people would walk alone at night

  • 50 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Tami White, Berkshire Hathaway Home Services Amb Re Norfolk
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
702 Cedar Ave, Laurel, NE 68745 is a 27 bedroom, 35 bathroom, 30 sqft multi-family built in 1978. This property is currently available for sale and was listed by Norfolk BOR on Sep 15, 2025. The MLS # for this home is MLS# 250670.