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306 Pearl Street

0.45 acres

Lots: 22,000 sq. ft.

Building: 11,000 Sq. Ft.

Zoning: b-3

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Site Information

Downtown Property for Residential or Mixed-Use Development! 0.45 Acres (22,000 SF) located one block west of downtown Wayne America.

The primary building has 11,000 SF over 4 floors, was built as a hospital in 1941, was converted to municipal offices in the mid-1970s after the hospital relocated to a new campus, and was vacated in 2025 after the municipal offices were relocated.

Frontage along Pearl Street and 3rd Street. Property owned by the City of Wayne, NE. Existing utilities on site include: City of Wayne - Electric, Water, Sewer; Black Hills Energy - Natural Gas; Teleco - Allo Fiber, Fastwyre Broadband.

Owned By:
City of Wayne, NE

Preferred Use:
residential or Mixed Use

Price:
Negotiable

Features

Primary Bldg: 4-Story with 11,000 SF

On-Site Parking

Utilities On Site

Incentives Available:
- Rural Workforce Housing Fund (RWHF)
- Tax Increment Financing (TIF)
- Low-Interest Business RLFs (via LB840 & Chamber)

VirgilL23-1017

Luke Virgil

lvirgil@WayneAmerica.org

108 W 3rd Street, Wayne, NE 68787

402.375.2240

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