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Anderson Pharmacy-Business and Building 1429 M St 7,150 SF Retail Building Ord, NE 68862 $2,142,871 CAD ($299.70 CAD/SF) 7.10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime downtown location with drive-thru access and signage
  • Retail space features Nebraska artisan goods and baby items
  • Trusted pharmacy brand with loyal customer base since 1971
  • Zoned Commercial with ADA access and 8+ customer parking spots

EXECUTIVE SUMMARY

Set on a prime 7,605 sq. ft. lot, this turnkey pharmacy boasts a strong local brand and a loyal customer base. Features include a spacious retail area, drive-thru access, and upgraded mechanicals. Located near recreational lakes and rivers, it offers growth potential and vibrant community engagement. Turnkey independent pharmacy with retail space and real estate included. Established in 1971, Anderson Pharmacy offers a trusted local brand, strong customer base, and prime downtown location with drive-thru access. Building improvements, equipment, and included assets make this a ready-to-operate opportunity.
The property sits on a 7,605 sq. ft. lot in Valley County with 65’ frontage and 117’ depth. Conveniently located just off the town square, it features excellent visibility with a front road sign, ADA accessibility, and customer parking (8+ spots). The parcel is zoned Commercial, with assessed property taxes of approximately $2,443 annually.

The main building is a 7,150 sq. ft., constructed in 1912 with 12’ ceilings (9’ 9” to drop) and upgraded mechanicals, including two furnaces (nat. gas) and two central A/C units replaced in 2007, air cleaners installed in 2019, plus roof replaced in 2024. Layout highlights a 9’ x 10’ entryway, a retail sales floor (4740 sq ft) currently featuring cards, home goods including several Nebraska artisans, baby/kid gift items and books, OTC’s, pharmacy section, and drive-thru window. Equipment included in the sale ranges from POS systems, dispensing robot (ScriptPro CRS-150), refrigerator, freezer, vault, photo kiosks (2020 & 2021), computers, and pharmacy software.
The owners purchased the pharmacy in 1998. The retail store operated as a Hallmark Gold Crown store for over 20 years. Around 2022, the owners decided to let that contract go, allowing them to open up their retail space to feature more local Nebraska artisans and their goods. It also allowed to bring in a great selection of baby/kid items that is not found anywhere else in town.

Coined “The Great Lakes Region of Central Nebraska”. Here you can access five incredible lakes and reservoirs, all within 45 minutes of Ord as well as four major rivers that are perfect for kayaking, tubing and tanking adventures. Don’t have the equipment? Contact Davis Creek Camper & Recreation Rental or River Bro Kayaking and they’ll hook you up.
Owners are ready to retire! Anderson Pharmacy operates Monday–Friday, 8:30 AM–5:30 PM, plus Saturday mornings. The business is supported by long-term staff (5 FT, 4 PT) and utilizes Cardinal Health as the primary wholesaler and AlignRx as PSAO. Services include prescription dispensing, OTC, photo printing, and retail goods. The pharmacy maintains a strong market reputation with 4.5-star Google reviews, reliable cash flow, a 7.1% cap rate (including the owner’s salary into the NOI) and growth potential through expanded retail or health service offerings and capitalizing on drive-thru space.
FF & E will convey (except for a few antiques and one computer identified by owner). Financials available upon request. All information is from 3rd parties or Sellers and is deemed reliable but is not guaranteed and may be subject to errors and omissions, all buyers and buyers’ agents must independently verify all information to their satisfaction. Inventory will be counted at closing and is separate from the asking price.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Drug Store
Building Size
7,150 SF
Building Class
C
Year Built
1912
Price
$2,142,871 CAD
Price Per SF
$299.70 CAD
Cap Rate
7.10%
NOI
$152,173 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.97
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
03-COMMERC
Parking
6 Spaces (0.84 Spaces per 1,000 SF Leased)
Frontage
65’ on M ST

ABOUT 1429 M ST , ORD, NE 68862

Turnkey independent pharmacy with retail space and real estate included. Established in 1971, Anderson Pharmacy offers a trusted local brand, strong customer base, and prime downtown location with drive-thru access. Building improvements, equipment, and included assets make this a ready-to-operate opportunity. Land The property sits on a 7,605 sq. ft. lot in Valley County with 65’ frontage and 117’ depth. Conveniently located just off the town square, it features excellent visibility with a front road sign, ADA accessibility, and customer parking (8+ spots). The parcel is zoned Commercial, with assessed property taxes of approximately $2,443 annually. Improvements The main building is a 7,150 sq. ft., constructed in 1912 with 12’ ceilings (9’ 9” to drop) and upgraded mechanicals, including two furnaces (nat. gas) and two central A/C units replaced in 2007, air cleaners installed in 2019, plus roof replaced in 2024. Layout highlights a 9’ x 10’ entryway, a retail sales floor (4740 sq ft) currently featuring cards, home goods including several Nebraska artisans, baby/kid gift items and books, OTC’s, pharmacy section, and drive-thru window. Equipment included in the sale ranges from POS systems, dispensing robot (ScriptPro CRS-150), refrigerator, freezer, vault, photo kiosks (2020 & 2021), computers, and pharmacy software. The owners purchased the pharmacy in 1998. The retail store operated as a Hallmark Gold Crown store for over 20 years. Around 2022, the owners decided to let that contract go, allowing them to open up their retail space to feature more local Nebraska artisans and their goods. It also allowed to bring in a great selection of baby/kid items that is not found anywhere else in town. Recreation Coined “The Great Lakes Region of Central Nebraska”. Here you can access five incredible lakes and reservoirs, all within 45 minutes of Ord as well as four major rivers that are perfect for kayaking, tubing and tanking adventures. Don’t have the equipment? Contact Davis Creek Camper & Recreation Rental or River Bro Kayaking and they’ll hook you up. General Operations Owners are ready to retire! Anderson Pharmacy operates Monday–Friday, 8:30 AM–5:30 PM, plus Saturday mornings. The business is supported by long-term staff (5 FT, 4 PT) and utilizes Cardinal Health as the primary wholesaler and AlignRx as PSAO. Services include prescription dispensing, OTC, photo printing, and retail goods. The pharmacy maintains a strong market reputation with 4.5-star Google reviews, reliable cash flow, a 7.1% cap rate (including the owner’s salary into the NOI) and growth potential through expanded retail or health service offerings and capitalizing on drive-thru space. FF & E will convey (except for a few antiques and one computer identified by owner). Financials available upon request. All information is from 3rd parties or Sellers and is deemed reliable but is not guaranteed and may be subject to errors and omissions, all buyers and buyers’ agents must independently verify all information to their satisfaction. Inventory will be counted at closing and is separate from the asking price.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
880021161
Land Assessment
$16,836 CAD
Improvements Assessment
$215,989 CAD
Total Assessment
$232,825 CAD
  • Listing ID: 38252125

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 1429 M St, Ord, NE 68862

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