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$210,000  •  0.12 acres
219 Main Street | Chadron, Nebraska Located in the heart of historic downtown Chadron, this charming three-unit commercial building offers an outstanding opportunity for investors or owner-operators looking to be part of one of western Nebraska’s most vibrant small-town communities. With all three main-level units currently leased to long-standing local businesses, this property combines immediate rental income with future development potential. Property Overview This impressive Main Street property has seen extensive updates and modernization while still maintaining its original downtown character. The building features three distinct commercial units, providing flexibility for retail, office, or service businesses. Unit 1: Occupied by Bloom, a popular flower and gift shop known for its creative displays, special-occasion arrangements, and loyal customer base. Unit 2: Leased to The Cut Hut on Main, a busy full-service salon with established clientele. Unit 3: The north-end storefront has just been leased out, making all three units generate monthly income. The main level has seen major remodeling in 2020, creating an updated, functional, and visually appealing space for tenants. The upper level offers even more upside potential, with room to develop two residential apartments—ideal for downtown living or short-term rentals. While these units would require renovation, the upstairs windows were replaced approximately eight years ago, providing a head start on restoration. In summer 2023, two brand-new HVAC systems and rooftop A/C units were installed, ensuring energy efficiency and comfort throughout the year. The property sits on a 50’ x 100’ lot and features a total of approximately 7,750 sq. ft. of finished and basement space (per Dawes County records), offering flexibility for storage, retail, or future improvements. Investment Highlights Three separate rental units for multiple income streams Three long-term, established tenants are currently in place Updated infrastructure, including new HVAC (2023) and remodel (2020) Upper level suitable for two potential apartment conversions Strong foot traffic and visibility on Main Street Total building area: approx. 7,750 sq. ft. Lot size: 50’ x 100’ (5,000 sq. ft.) Zoned commercial – endless possibilities for future use About the Community Chadron, Nebraska, is a friendly, thriving community that blends small-town charm with modern amenities. As the county seat of Dawes County, Chadron serves as the commercial and cultural hub of the northern Panhandle. Downtown Chadron is lined with locally owned businesses, boutiques, restaurants, and service providers, making it a lively place to shop, dine, and connect. The city is also home to Chadron State College, which brings a steady flow of students, faculty, and visitors into town, adding to the local economy and creating a vibrant, youthful energy. Outdoor enthusiasts are drawn to the area’s beautiful surroundings, including the Nebraska National Forest, Chadron State Park, and Toadstool Geologic Park—all just minutes away. These natural attractions make Chadron a gateway to western adventure, drawing both locals and tourists year-round. Chadron’s residents take pride in supporting local businesses, and downtown continues to benefit from strong community engagement, events, and revitalization efforts. Whether you’re looking for an income-producing investment or a hands-on business opportunity, 219 Main Street puts you right in the center of one of Nebraska’s most welcoming and active communities. Summary This well-maintained downtown commercial property offers the perfect combination of historic charm, modern upgrades, and excellent income potential. With three strong tenants already in place, and future expansion opportunities upstairs, 219 Main Street is a rare find in the Chadron market. Don’t miss your chance to invest in downtown Chadron – where community, commerce, and opportunity come together.
$79,900  •  0.08 acres
Highly functional office building in a desirable Kimball commercial area, set among other professional services and retail. The entry opens to a large reception area designed for easy client flow, with visibility to multiple office doors. The interior offers up to five sizable private offices, each with ample wall space for desks, files, or equipment. A dedicated storage room provides flexibility for records, supplies, or could convert to an additional office if needed. The property has been carefully maintained with an updated roof, an upgraded furnace system, and clean finishes throughout. Three bathrooms serve staff and clients efficiently. Furnishings are included, allowing a smooth, immediate transition for a new owner or tenant. This layout suits a variety of uses: legal, medical, financial, real estate, or small corporate headquarters. A rare turnkey opportunity in excellent condition, close to established businesses, with floor plans available for review.
$79,900  •  0.08 acres
Turnkey Income Property on a Corner Lot - $79,900 Looking for a rental that already pays for itself? This charming 1910 bungalow at 219 3rd St sits on a corner lot in Crawford and comes with a tenant already in place - meaning cash flow starts the day you close, not months down the road. The home offers 1,125 square feet of comfortable one-story living with 2 bedrooms and 2 bathrooms, forced-air heating and cooling, and classic character throughout - vintage leaded-glass windows, an enclosed front porch, and a vine-covered exterior that gives the place real curb appeal. The corner lot location means extra light, easy access, and a great look from the street - the kind of detail tenants and future buyers both notice. Here's the number that makes this one stand out: current rent is $1,000 a month, which pencils out to $12,000 a year in gross rental income on a $79,900 asking price. That works out to a gross rent multiplier of about 6.7 - squarely in the range investors typically target for a solid-performing rental - and a great starting point for anyone building a rental portfolio or looking to add a low-cost, income-producing property to their lineup. The seller currently covers utilities, so incoming owners should factor that into their operating numbers, but even accounting for that, this is a rare combination: an occupied, income-producing property at an entry-level price point in a market where replacement cost alone would run well above the list price. Whether you're a seasoned investor looking to add a reliable performer to your portfolio, or a first-time landlord wanting a low-barrier way to get started, 219 3rd St offers immediate income, a manageable price point, and a great corner-lot location in Crawford. Properties like this - tenant-occupied, cash-flowing, and priced to move - don't sit on the market long. Quick Facts Address: 219 3rd St, Crawford, NE 69339 Price: $79,900 Bedrooms / Bathrooms: 2 / 2 Living Area: 1,125 sq ft Lot: 3,750 sq ft corner lot (75' x 50') Year Built: 1910 Heating/Cooling: Forced air furnace Current Rent: $1,000/month (tenant-occupied) Utilities: Paid by seller Gross Annual Rent: $12,000 Gross Rent Multiplier: ~6.7 (typical target range for investors is roughly 4-7)
$160,000  •  0.05 acres
Under Contract
Step into one of Gordon’s most inviting and beloved gathering spots. This charming boutique-style coffee shop offers a warm, welcoming atmosphere that immediately makes you feel at home the moment you walk through the door. From the thoughtfully designed interior to the cozy seating areas, this space has been curated to create a comfortable, relaxed experience for customers. Whether it’s morning coffee, a casual lunch, or a place to meet friends, the shop has built a reputation as a go-to destination in the community. The combination of soft finishes, unique décor, and functional layout gives it that “small-town charm meets boutique café” feel that is hard to replicate. Located right on Main Street in Gordon, this business benefits from consistent local traffic and strong community support. It currently serves coffee, specialty drinks, and daily breakfast and lunch offerings, providing multiple revenue streams throughout the day. This is a true turn-key opportunity. Nearly everything needed to continue operations is included, allowing a new owner to step in and begin generating income immediately. The current owners have made extensive improvements, from the beautifully refinished front exterior to numerous updates throughout the interior, creating a modern yet inviting space. The commercial building offers approximately 1,350 sq. ft. of usable space on a 25’ x 100’ lot, positioned in the heart of Gordon’s downtown business district. What Makes This Business Stand Out: Boutique-style coffee shop with a cozy, welcoming atmosphere Strong local following and repeat customer base Prime Main Street location with great visibility Thoughtfully designed interior with comfortable seating Offers coffee, specialty drinks, breakfast, and lunch All new paint inside and out Brand new Ice Machine 2 outdoor sheds for storage Newer furnace and central A/C Turn-key setup with equipment and furnishings included Blackstone Griddle Additional Details: Inventory to be purchased separately at closing The business name “Half Diamond E Coffee Company” is not included in the sale Financials available to qualified buyers after looking at the property and business This is more than just a business. It’s a place people gather, connect, and enjoy. With its boutique charm, inviting feel, and established presence, this coffee shop offers the perfect opportunity for someone looking to own a business with both personality and profitability.
F&R Partners